(6th Cir. B.A.P. Mar. 3, 2016)
(Bankr. W.D. Ky. May 19, 2016)
(Bankr. S.D. Ind. Feb. 16, 2016)
(Bankr. W.D. Ky. May 17, 2016)
(Bankr. W.D. Ky. Feb. 16, 2016)
(U.S. Sup. Ct. May 16, 2016)
(Bankr. E.D. Ky. Feb. 12, 2016)
(6th Cir. B.A.P. May 11, 2016)
The Bankruptcy Appellate Panel reverses the bankruptcy court’s order allowing the unsecured creditor’s late-filed claim in this Chapter 13 case. The creditor filed its claim eight days after the bar date, and the bankruptcy court allowed the claim based on excusable neglect. The B.A.P. holds that a bankruptcy court does not have authority to extend the deadline in Rule 3002(c) through equitable powers or the doctrine of equitable tolling. Opinion below.
Judge: Humphrey
In April 2005, the Bankruptcy Abuse Prevention Consumer Protection Act (“BAPCPA”) was signed into law, representing the most extensive revisions to the bankruptcy code in 35 years. The BAPCPA was the product of more than a decade of legislative efforts. Its stated purpose was to curb perceived consumer abuse of the bankruptcy system. At the time of its enactment, many bankruptcy practitioners, judges and others questioned whether such a drastic change to the law was necessary and expressed concern about the impact the BAPCPA would have on consumers and the system as a whole.
On the bill of the Federal German Government for an Act Serving the Further Facilitation of the Reorganization of Enterprises (ESUG)