"There are several significant changes from the Interim Rules to the Final Rules and Organizations will have to adjust how they operate in order to comply." (This article is NOT password protected.)

In re Michael - When a Chapter 13 case converts to a Chapter 7 post-confirmation, the funds held by the trustee at the time of conversion should be sent to the debtor rather than distributed to creditors pursuant to the confirmed plan. (Ambro)

The Means Test: Projected Disposable Income (a/k/a Expected Unrecognizable Outcome). The Honorable Fredrick E. Clement, Chapter 13 Trustee John P. Gustafson and Teresa Rhodd, Esq. answer your questions – line by line.In memory and honor of the week-long events surrounding the Boston marathon bombing, the Academy is offering this webinar recording with no password necessary.

For the benefit of our newer members, Ms. Ps & Qs is a monthly column penned by nationally recognized ethics expert Professor Nancy Rapoport. Prof. Rapoport is currently serving as the Interim Dean and is the Gordon Silver Professor of Law at the William S. Boyd School of Law at the University of Nevada, Los Vegas. Her quirky writing style is a delight to read and her advice is dead on accurate, every time!She is delighted to address your ethics questions. Click here to send her your quandary.This month from Ms. Ps & Qs: "In the spirit of April (including April Fool's Day, which is when I'm writing this column), here are some headlines that I'd love to see . . ."

It is with apologies to the authors and our members that last week we inadvertently directed you to an older edition of Judges Bonapfel and Drake, and Trustee Goodman's treatise – Chapter 13: Practice and Procedure. Click here for recently updated edition. Everything else reported regarding this book is accurate. We apologize for any inconvenience this may have caused.Last fall, the Honorable Paul Bonapfel allowed the Academy to publish an outstanding outline on ethics in bankruptcy. Among his many accomplishments, Judge Bonapfel has co-authored a treatise: Chapter 13: Practice and Procedure. Another co-author of this book is NACTT's own, Adam Goodman. Mr. Goodman is responsible for administering Chapter 13 Bankruptcy plans in the Northern District of Georgia for cases assigned to Judge W. Homer Drake, Jr. in the Newnan Division, and Judges Margaret H. Murphy and James R. Sacca in the Atlanta Division. He also serves on the Board of the National Data Center. Judge Drake is the third 'musketeer' in this authorship trio.One fan of Chapter 13: Practice and Procedure says: "This book is FABULOUS! I use it all the time. It covers just about everything you can think of and is super well organized. Thus the table of contents allows you to get where you are going very quickly. It stays on my desk, not my bookshelf."A must have for any law practice.

In Case You Missed It: Drummond v. Welsh (In re Welsh). A bankruptcy court is precluded from considering whether a chapter 13 debtor has "accounted for" Social Security income in determining whether a plan is proposed in good faith; a chapter 13 debtor's proposal to retain and pay secured debt upon luxury items does not* establish a lack of good faith.For appellate briefs regarding this issue, see dropdown menu above - The Toolbox/Brief Bank/Social Security*We regret that the word NOT was omitted last week.

Drummond v. Welsh (In re Welsh). A bankruptcy court is precluded from considering whether a chapter 13 debtor has "accounted for" Social Security income in determining whether a plan is proposed in good faith; a chapter 13 debtor's proposal to retain and pay secured debt upon luxury items does establish a lack of good faith.For appellate briefs regarding this issue, see dropdown menu above - The Toolbox/Brief Bank/Social Security

Last fall, the Honorable Paul Bonapfel allowed the Academy to publish an outstanding outline on ethics in bankruptcy. Among his many accomplishments, Judge Bonapfel has co-authored a treatise: Chapter 13: Practice and Procedure. Another co-author of this book is NACTT's own, Adam Goodman. Mr. Goodman is responsible for administering Chapter 13 Bankruptcy plans in the Northern District of Georgia for cases assigned to Judge W. Homer Drake, Jr. in the Newnan Division, and Judges Margaret H. Murphy and James R. Sacca in the Atlanta Division. He also serves on the Board of the National Data Center. Judge Drake is the third 'musketeer' in this authorship trio.One fan of Chapter 13: Practice and Procedure says: "This book is FABULOUS! I use it all the time. It covers just about everything you can think of and is super well organized. Thus the table of contents allows you to get where you are going very quickly. It stays on my desk, not my bookshelf."A must have for any law practice.

Have you seen this really cool website? CreditKarma.com It is Better Business Bureau accredited with an A rating AND it is completely free. Once registered, your clients can check their credit score as often as they like. They can also sign up for email updates when changes to their credit report occur. Unlike other similar sites, CreditKarma.com breaks down an individual's credit score, assigning grades from A to F on specific credit issues such as late pay.

CFPB Takes Action Against Mortgage Insurers To End Kickbacks To Lenders - Four Companies to Pay $15.4 Million in Penalties

Although much of the country is digging out of, hopefully, the last blast of winter, the Academy wishes you a happy spring and hopes that you had a delightful Easter and Spring Break.

In re Marotta. The filing fee advanced by a debtor's attorney on behalf of a Chapter 13 debtor is a dischargeable unsecured claim; the recovery of such fees are not recoverable administrative expenses which can be paid in the Chapter 13 case.

In re Marotta. The filing fee advanced by a debtor's attorney on behalf of a Chapter 13 debtor is a dischargeable unsecured claim; the recovery of such fees are not recoverable administrative expenses which can be paid in the Chapter 13 case.

"Lender policies that provide dealers with this type of discretion increase the risk of pricing disparities among consumers based on race, national origin, and potentially other prohibited bases. Research indicates that markup practices may lead to African Americans and Hispanics being charged higher markups than other, similarly situated, white consumers."

• Click here for The Bulletin
• Click here for a Fact Sheet on The Bulletin
• Click here for an Infographic on Auto Lending

"I'd love for state bars to do more with uncivil lawyers . . ." Need we say more? Ms. Ps & Qs has outdone herself with the stellar advice offered this month.

• Rule to Oversee Nonbank Student Loan Servicers
• Prepared Remarks of Director Cordray on Proposed Rule on Student Loan Servicers

Taylor v. Freeland & Kronz Revisited: The plain meaning of Rule 4003(b) may permit objections even as to unamended exemption claims where the exemption schedule has been amended. A case that supports this result based on a plain reading of the rule is discussed in this article by John Gustafson.

Taylor v. Freeland & Kronz Revisited: The plain meaning of Rule 4003(b) may permit objections even as to unamended exemption claims where the exemption schedule has been amended. A case that supports this result based on a plain reading of the rule is discussed in this article by John Gustafson.

In this, Part 2 of 2, Trustee Sensenich details how to incorporate § 544 lien avoidance into a Chapter 13 plan.

In case you missed it last week: Ms. Becket provides us with a detailed look at unsecured claims and looks at the question: Will a National Form Plan Make any Difference?

Ms. Becket provides us with a detailed look at unsecured claims and looks at the question: Will a National Form Plan Make any Difference?

In re Moore, 482 B.R. 248 (Bankr. C.D. Ill. Nov. 1, 2012) (Gorman) Where a debtor's payments on an automobile are virtually certain to end, the "ownership allowance" permitted by the IRS Local Transportation Standards terminates and the debtor's projected disposable income must "step up" after such secured claim is satisfied.

In re Moore, 482 B.R. 248 (Bankr. C.D. Ill. Nov. 1, 2012) (Gorman) Where a debtor's payments on an automobile are virtually certain to end, the "ownership allowance" permitted by the IRS Local Transportation Standards terminates and the debtor's projected disposable income must "step up" after such secured claim is satisfied.

Ethics expert, Ms. Ps & Qs addresses 2 reader questions: (1) What are your obligations to Shifty McFraud when you consult with but are not retained by Mr. McFraud; and (2) your email out of office message.