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!
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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, San Antonio Bankruptcy Attorney-Lawyer
San Antonio: 11550 IH 10 West, Suite 180, San Antonio, TX 78230 (210) 853-5828 Make an appointment!
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Meetings with Alex Wathen in all the offices is only by appointment. Telephone appointments are also available. Principal office located in Round Rock, Texas.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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- Good news for those in Chapter 13: While Lowe’s lays off middle management, they will hire 8,000 – 10,000 new part time staff for weekends
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