Bankruptcy Forum

Interesting Reading...

justbroke
05-20-2009, 06:38 PM
I was studying some more cases (yes, I need to stop). I came across this...

[C]oncepts of fairness involve equitable principles and judicial discretion. Congress had neither of these in mind in enacting the means test in 11 U.S.C. §707(b). The means test presents a backward looking litmus test performed using mathematical computation of arbitrary numbers, often having little to do with a particular debtor’s actual circumstances and ability to pay a portion of debt. Congress has already determined the fairness of application of the means test, and a major objective of the legislation was to remove judicial discretion from the process.

In re Hartwick, 352 B.R. 867 (Bankr. D.Minn. 2006)I love this Judge! He was basically talking about a Trustee who thought it wasn't fair that a debtor could use, in the means test, future payments on collateral that they intended to surrender!

Love it!

HHM
05-20-2009, 07:29 PM
Nice

DownNotOut
05-21-2009, 01:12 PM
Love it!

dingdong
05-21-2009, 01:37 PM
I kind of deviously like it when the TT gets slammed.

(Bet the TT was in a pissy mood that day :D:D )

justbroke
05-21-2009, 05:49 PM
I kind of deviously like it when the TT gets slammed.

(Bet the TT was in a pissy mood that day :D:D )Since the Tee was obviously mad because is wasn't "fair"... I can imagine the Tee throwing a tantrum yelling...

It's just not fair!

Yes, sometimes there are some great Judges who actually read the law for what it says... not try to do all that guessing stuff. :)