California Eastern District bankruptcy judge Christopher Klein, in a lengthy and thorough decision, has fined Bank of America Corp. $45 million for intentionally violating automatic stay during a couple’s bankruptcy proceedings, causing them such severe emotional distress that it led to an apparent heart attack, suicide attempt and post-traumatic stress disorder. The decision sets forth in detail the conduct of Bank of America which the judge felt warranted huge fine against Bank of America.
The 9thCircuit had previously held in In re Rosson that a debtor’s absolute right to dismiss their chapter 13 case was limited and that the bad faith conduct of a debtor was grounds to deny a request
In an unanimous decision, the United States Supreme Court reversed a decision of the Seventh Circuit Court of Appeals and resolved a split among the circuits, held that the “mere retention of property
This table has the virtual meeting information and preferred procedures by Chapter 7 trustee. (Check your download folder after you click the document.)