REAFFIRMATION AND RETENTION IN BANKRUPTCY - CONFLICT IN THE CIRCUITS OVER PROTECTING THE SECURED CREDITOR

Authors
POLLAK OB
Citation
Ob. Pollak, REAFFIRMATION AND RETENTION IN BANKRUPTCY - CONFLICT IN THE CIRCUITS OVER PROTECTING THE SECURED CREDITOR, The Banking law journal, 111(3), 1994, pp. 302-308
Citations number
1
Categorie Soggetti
Law,"Business Finance
Journal title
The Banking law journal → ACNP
ISSN journal
00055506
Volume
111
Issue
3
Year of publication
1994
Pages
302 - 308
Database
ISI
SICI code
0005-5506(1994)111:3<302:RARIB->2.0.ZU;2-7
Abstract
The author surveys the conflict among four circuit Courts of Appeals o ver whether a chapter 7 debtor must, under Bankruptcy Code Section 521 (2)(A), reaffirm secured dent, or if payments are current, merely opt to retain the property, continue payments, and discharge personal liab ility. The author contends that the issue is ripe for Supreme Court in terpretation.