Chapter 7 Bankruptcy

24 Mar Bonuses Paid to Debtor After Chapter 7 Filing Can’t be Taken by Bankruptcy Trustee

The Bankruptcy Appellate Panel for the U.S. Court of Appeals, Eighth Circuit, ruled that employment bonuses paid to a debtor shortly after she filed for chapter 7 bankruptcy could not be considered part of her bankruptcy case. The court's ruling allowedthe debtorto keep $24,072.00 in...

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24 Feb Tribe Members’ Monthly Casino Profit Allocations Can’t Be Seized By Bankruptcy Trustee

Minnesota bankruptcy court judge Dennis D. O'Brien ruled that future monthly per capita casino revenue payments belonging tomembers of the Lower Sioux Indian Community, a federally recognized Indian tribe in Minnesota, cannot be taken by a chapter 7 trustee when a tribe member files for...

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