In re Watts
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW ON VILLAGE BANK & TRUST’S MOTION TO DISMISS CHAPTER 7 CASE
Jack B. Schmetterer, United States Bankruptcy Judge
Debtors Victor and Stacy Watts filed a petition for Chapter 7 bankruptcy relief on November 30, 2015. One of their creditors, Village Bank & Trust (“Village Bank”) filed a Motion [Dkt. No. 23] to dismiss the Debtors’ Chapter 7 bankruptcy case “for cause” under § 707(a) and/or for abuse pursuant § 707(b) of the Bankruptcy Code, 11 U.S.C. §§ 101 et al. Village Bank contends that the Debtors have sufficient income to fund a Chapter 13 plan under…
2Cases cited5 opinions
- Stern v. MarshallSupreme Court of the United States · 2011
- Ross-Tousey v. NearyCourt of Appeals for the Seventh Circuit · 2008
- Michael D. Schwartz v. Barclays Capital, IncorporatedCourt of Appeals for the Seventh Circuit · 2015
- In Re DeutscherUnited States Bankruptcy Court, N.D. Illinois · 2009
- In re TerzoUnited States Bankruptcy Court, N.D. Illinois · 2013
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