Recently in United Student Aid Funds v. Espinoza, 08-1134, the Supreme Court Ruled that a Chapter 13 plan is binding on a creditor with actual notice even if it is legally defective. In Espinoza the Court ruled that the plan was binding even though a separate lawsuit should have been filed. The main lesson for creditors and benefit for debtors is that confirmed Chapter 13 plans are binding even if there are procedural irregularities. This is good for us!
Bankruptcy FAQ – Frequently Asked Questions
by Alex Wathen, Board Certified Consumer Bankruptcy Law – Texas Board of Legal Specialization
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“Honest people are routinely taken advantage of by powerful banks and finance companies who know the rules. I work to level the playing field.”
Alex Wathen, Texas Chapter 13 Bankruptcy Attorney-Lawyer
Main Office: 10333 Northwest Freeway, Suite 503, Houston, TX 77092 (281) 999-9025 Make an appointment!
Austin: 11782 Jollyville Road, Austin, TX 78759 (512) 391-1886 Make an appointment!
San Antonio: 11550 IH 10 West, Suite 180, San Antonio, TX 78230 (210) 853-5828 Make an appointment!
Dallas: 4054 McKinney Avenue, Suite 303, Dallas, TX 75204 (214) 252-0042 Make an appointment!
Meetings with Alex Wathen in all the offices is only by appointment. Telephone appointments are also available. Principal office located in Houston, Texas.
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