Bankruptcy Trustee Sues McDermott Will for Malpractice
A bankruptcy trustee for Saint Vincent’s Catholic Medical Centers of New York has sued McDermott, Will & Emery for legal malpractice, charging that partners at the Chicago-based law firm “put their personal relationships and selfish economic concerns...What is the role of the filed attorney in a chapter 13 case?
The filed attorney performs the following functions in a typical chapter 13 case: Examining the filed financial situation and determining whether chapter 13 is a feasible alternative for the debtor, and if so, whether a single or a joint case should be filed. ...May a self-employed person file under chapter 13?
Yes. A self-employed person meeting the eligibility requirements listed in the answer to Question 18 above may file under chapter 13. A debtor engaged in business may continue to operate the business during the chapter 13 case.What happens if a debtor is unable to complete the chapter 13 payments?
A debtor who is unable to complete the chapter 13 payments has three options: dismiss the chapter 13 case, convert the chapter 13 case to chapter 7, or if the debtor is unable to complete the payments due to circumstances for which he or she should not be held...
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