Kentucky Bankruptcy Law

Counsel with Care

Changes to Federal and Local Bankruptcy Rules and Forms

This is a must read for bnakruptcy attorneys.

Chapter 13 Trustee, EDKY: Trustee's Blog

Significant changes in the Federal Rules of Bankruptcy Procedure become effective on December 1, 2017.  For example:

  • Secured creditors will be required to file claims by the bar date.
  • The bar date for most claims (secured and unsecured) will be 70 days after the petition date.
  • The plan will need to be served like a complaint in an adversary proceeding if the plan values collateral or avoids liens.
  • The chapter 13 plan will change.

Because of the forthcoming federal rule changes, the Bankruptcy Court for the Eastern District of Kentucky has published for comment its proposed new chapter 13 plan, other local forms, and changes to the KYEB Local Rules of Bankruptcy Procedure.  The deadline for submitting comments is July 15, 2017.

We will spend time over the next several months discussing the new rules, but for now,it is important for everyone to review the proposed local forms and…

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May 26, 2017 - Posted by | Uncategorized

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