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Your email address will not be published.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

    Jeff Fields & Associates, are the Best. Answer all my questions that I had about my case. Made it easy on me so that I had no worries. I strongly recommend them to my family and friends.

    Read more

    Darlene Hicks

  • lawyers
    5.0/5.0

    Jeff fields and his team were awesome. Kim answered all of my questions, and updated me every step of the way. I would definitely recommend using them for your bankruptcy.

    Read more

    Client

  • lawyers
    5.0/5.0

    We worked with Chris out of the Lawrenceville office and him and his team were outstanding! Answered all of our questions in a timely manner and went above and beyond to assist us! I would highly recommend this group to anyone who is having to go thr...

    Read more

    Client

  • google
    5.0/5.0

    The entire team was amazing, they really equipped me as to what to expect and made me feel like I was not alone. I had tons of questions and sometimes needed the reassurance that everything was going to be ok and Jeff Field & Associates did that for ...

    Read more

    Dominique C. Gibson

  • google
    5.0/5.0

    Matt and the staff where outstanding. Highly recommend. All questions where answered promptly and everything was explained in detail.

    Read more

    Jeff Weigold

See all reviews
Contact us

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

Quick Contact Form