Article
The Housing Bubble and Consumer Banruptcy (Parts III and IV)
American Bankruptcy Law Journal
Publication Date
10-1-2023
Abstract
During the COVID pandemic housing prices have soared. Consumers who have filed for bankruptcy are now looking at enormous realized and unrealized capital gains. This article assesses the chances that these consumer debtors can keep these gains out of the hands of their creditors. Part II of this two-part article addresses chapter 13 issues, which concern plan modification by the chapter 13 trustee to capture realized and unrealized capital gains. It also covers whether a trustee in a converted case can capture these gains. The law of the coverted chapter 7 case is spectacularly contradictory.
Publisher
National Conference of Bankruptcy Judges
Keywords
- bankruptcy,
- consumer bankruptcy lien stripping,
- exemptions,
- appreciation value,
- chapter 7,
- chapter 13,
- plan modification,
- the bankruptcy estate
Disciplines
- Bankruptcy Law and
- Law
Citation Information
David G. Carlson. "The Housing Bubble and Consumer Banruptcy (Parts III and IV)" American Bankruptcy Law Journal Vol. 97 Iss. 3 (2023) p. 611 - 683 Available at: http://works.bepress.com/david_carlson/145/