Search Site
Menu

Will a Judge Always Approve a Bankruptcy Plan?

Unfortunately, putting together a bankruptcy plan is not always as easy as writing it down and getting a judge to approve it. In some cases, the judge has the right to reject a plan, as was highlighted in a recent U.S. Supreme Court case.

In the case, the Supreme Court ruled against a Massachusetts man who was fighting against his mortgage lender over a bankruptcy plan. The man, Louis Bullard, even had the support of Bank of America Corp. and the Obama Administration, but the Supreme Court still ruled unanimously that Bullard could not file an appeal against a bankruptcy judge’s rejection of his bankruptcy plan.

Bullard owes Blue Hills Bancorp Inc. approximately $387,000 for his mortgage on a piece of property he owns in the town of Randolph, Massachusetts. Unlike Bullard, Blue Hills had little support from the business community in the case, but it made no difference in the result handed down by the Supreme Court.

Bank of America had offered an opinion stating that allowing appeals would be beneficial to both homeowners and creditors alike. Chief Justice John Roberts said there are certain occasions in which appeals could be allowed, including some types of cases with similarities to Bullard’s, but that his was not one of them.

Carefully considering your options

It’s extremely important to work closely with a skilled bankruptcy attorney when attempting to put together a repayment plan under Chapter 13 bankruptcy. If judges believe there is anything unfair or unusual about your repayment plan, they could reject it, sending you back to the drawing board. The bankruptcy process is stressful enough without having to go through multiple revisions of your repayment plan.

To learn more about how you can improve your chances of a judge accepting your plan, contact the skilled Georgia bankruptcy attorneys at Jeff Field & Associates online or at 404-381-1278.

Leave a Reply

Your email address will not be published. Required fields are marked *

Videos
Our Attorneys
Client Reviews
  • google
    5.0/5.0

    I have done business in the past with Jeff Field and Assoc. and highly recommend them to my family, friends and colleagues. I worked closely with Casey and Chris whom made the stressful process so much easier. I was able to rectify my issue in less t...

    Read more

    Hema Juman

  • lawyers
    5.0/5.0

    I chose Jeff Fields and Associates because of the positive reviews I read. My experience with them was very nice. Everyone I had the pleasure of working with was very professional and knowledgeable. Ms. Mai and Chase Butler were very quick too respon...

    Read more

    Client

  • lawyers
    5.0/5.0

    One of the best groups of people I’ve ever worked with. Fantastic company with employees who actually care about your personal experience during an awkward time. I hardly write reviews but wanted to let others know where to go if they happen to eve...

    Read more

    Client

  • lawyers
    5.0/5.0

    Working with Jeff Field & Associates was a pleasure. My attorney and case manager were awesome. They made this journey as smooth as possible and overall just very professional. I will recommend their services to anyone who is seeking help in gettin...

    Read more

    Client

  • google
    5.0/5.0

    This was by far a seem less process. Everyone was extremely helpful and a joy to work with. They answered all of my questions and followed up quickly when needed. Needless to say, I would definitely recommend their services to all of my friends and f...

    Read more

    Jason Barnes

See all reviews
Contact us

Please fill out the form below and one of our attorneys will contact you.

Quick Contact Form