Maddux v. Midland Credit Management, Inc.
Maddux v. Midland Credit Management, Inc.
Opinion of the Court
MEMORANDUM OPINION
These Consolidated Contested Matters concern related Objections to proofs of claim in the bankruptcy cases of Rachel Maddux (“Maddux”), Jeffery Light (“Light”), Patricia A. Jones (“Jones”), Calvin A. Johnson (“Johnson”), Dianne Renee Peterson (“Peterson”), and Rae Blaha (“Blaha”) (each, a “Debtor,” and collectively, the “Debtors”). Each Debtor filed a separate voluntary petition under chapter 13 of the bankruptcy code.
Jurisdiction and Venue
The Court has subject matter jurisdiction over the Consolidated Contested Matters pursuant to 28 U.S.C. §§ 157 and 1334 and the General Order of Reference from the United States District Court for the Eastern District of Virginia dated August 15, 1984. This is a core proceeding under 28 U.S.C. § 157(b)(2)(A). Venue is appropriate in this Court pursuant to 28 U.S.C. § 1408.
Procedural and Factual Background
The factual background and procedural history of these Bankruptcy Cases are nearly identical. With the exception of the Peterson Bankruptcy Case, all of the Midland Claims involve revolving consumer credit accounts purchased from Synchrony Bank.
Instead of filing a written response to the Debtors’ Objections as required by Local Bankruptcy Rule 9013-l(H)(3)(d), Midland timely filed amended versions of the Original Midland Claims (the “First Amended Claims”).
On August 11, 2016, the Debtors jointly filed a motion for summary judgment
The Debtors argued that both the Original Midland Claims and the First Amended Claims failed to comply with Bankruptcy Rule 3001(c)(2)(A), as they improperly asserted that no interest or other fees were included in the Midland Claims. Bankruptcy Rule 3001(c)(2)(A) provides that in a bankruptcy case in which the debtor is an individual “[i]f, in addition to its principal amount, a claim includes interest, fees, expenses, or other charges incurred before the petition was fled, an itemized statement of the interest, fees, expenses, or charges shall be filed with the proof of claim.” Fed. R. Bankr. P. Rule 3001(c)(2)(A), Official Form 410, to which .a proof of claim must substantially conform, requires the claimant to check one of two alternate boxes, either "yes” or “no,” to disclose whether the amount claimed due includes interest or other charges.
In response, Midland argued that it was not obligated to check the box stating that interest, fees, expenses, or other charges were included in its claim, as any such interest or other charges had been capitalized as new principal. Midland relied on In re Osborne, No. 03-25176, 2005 WL 6425053, (Bankr. D. Kan. Apr. 25, 2005) for the proposition that holders of revolving credit obligations are not required to provide an itemized statement of interest, fees, expenses, or other charges. Midland concluded that in light of In re Osborne, it was not required to provide an itemized statement of interest, fees, expenses, or other charges because any interest, fees, expenses, or other charges had been capitalized into the principal.
In re Osborne, the case upon which Midland relies, was overruled in 2011 with the adoption of Rule 3001(c)(2). Although the Advisory Committee on Bankruptcy Rules (the “Advisory Committee”) specifically noted opposition from commentators on behalf of the credit card industry to the proposed amendment to Rule 3001 adding paragraph (c)(2) that required creditors to submit an itemization of interest and other charges, the amendment to the Bankruptcy Rule was adopted without any change from its proposed form and became effective December 1, 2011.
The plain language of Bankruptcy Rule 3001(c)(2)(A) requires an itemized statement of interest and other charges to be filed with the proof of claim if a claim includes interest, fees, expenses, or other charges in any case in which the debtor is an individual. See Fed. R. Bankr. P. 3001(c)(2)(A). Bankruptcy Rule 3001(c)(2)(A) does not contain an exception for any interest, fees, expenses, or other charges that may have been capitalized by the holder of a claim. Whereas Bankruptcy Rule 3001(c)(1) includes an explicit exception for a claim based upon an Open End or Revolving Consumer Credit Agreement, Bankruptcy Rule 3001(c)(2) makes no such exception for credit card debt. Midland’s contention that it could not comply with the dictates of Bankruptcy Rule 3001(c)(2) because it lacked access to information pertaining to the amount of interest embedded in the Midland Claims is disingenuous. Even assuming it was without the information, the assertion that the Midland Claims included no interest was' simply .incorrect.
Midland’s reliance on In re Osborne was misguided in light of the 2011 amendments made to Bankruptcy Rule 3001. Midland cannot escape the requirements of Bankruptcy Rule 3001(c)(2) simply by relabeling the interest component of the amount claimed due as capitalized interest and reporting it as principal. Whatever label Midland may choose to apply, the Midland Claims include an interest component. The
The Court denied the Debtors’ Motion for Summary Judgment on the issue of sanctions. The Court found that material facts were in dispute with regard to whether Midland’s violation of Bankruptcy Rule 3001(c)(2) was willful and with regard to whether sanctions were appropriate under the circumstances. The Court reserved the evidentiary issues pertaining to sanctions for trial.
Trial
a. Validity and Amount of Midland’s Claims
Section 502 of the Bankruptcy Code governs the allowance and disallowance of claims. See 11 U.S.C. § 502. A proof of claim filed under section 501 of the Bankruptcy Code is deemed allowed unless a party in interest files an objection. See 11 U.S.C. § 502. The Debtors in the cases at bar did file Objections to the allowance of the Midland Claims. Generally, a proof of claim filed in compliance with Bankruptcy Rule 3001 is entitled to an initial presumption of validity. See In re Smith, 419 B.R. 622, 627 (Bankr. E.D. Va. 2008): see also Fed. R. Bankr. P. 3001(f).
Midland called three witnesses on its behalf at trial. The testimony of Rodrigo Bedoya (“Bedoya”), Midland’s Director of Bankruptcy Operations, was uncontro-verted. Bedoya explained the process under which Midland acquired the Debtors’ Recounts from Synchrony Bank. Midland purchased pools of charged-off accounts from Synchrony Bank. The charged-off accounts were bundled by date. Synchrony Bank effected the assignment of each pool through a bill of sale. Ownership of a specific account within a pool can be verified by matching the account numbers on the account statements with the charge-off statements that Midland received from Synchrony Bank. Bedoya was able to demonstrate in this manner that each of the Debtors’ accounts had been assigned from Synchrony Bank to Midland. The Court is satisfied that Midland is the .owner of the Debtors’ credit card accounts in these Consolidated Contested Matters.
Midland bought the closed-end installment loan in the Peterson Bankruptcy Case from OneMain Financial. Bedoya testified that OneMain Financial transferred
The Debtors argue that Midland is not a person entitled to enforce the note underlying the Peterson Claim under Virginia law because Midland is neither “(i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is' entitled to enforce the instrument pursuant to § 8.3A-309 or § 8.3A-418 (d).” Va. Code Ann. § 8.3A-301. Midland introduced without, objection a copy of the Peterson Note into evidence at trial. See Fed. R. Evid. 1003 (“A duplicate is admissible to the same extent as the original unless a genuinp question is raised about the original’s authenticity ..”). The Court finds that Midland does have the right to enforce the Peterson Note. In Virginia, an “instrument is transferred when it is delivered by a person other than its issuer for the purpose of giving to the person receiving delivery the right to enforce the instrument.” Va. Code Ann. § 8.3A-203(a). Be-doya’s uncontested testimony established that the Peterson Note was delivered to Midland through the bill of sale executed by OneMain Financial for the purpose of giving Midland the rights to enforce the instrument.
Bankruptcy Rule 3001(e)(1) authorizes the transferee of a claim, such as Midland in the cases at bar, to file a proof of claim. Prior to the 2012 amendments to Bankruptcy Rule 3001, a transferee had “an obligation under Rule 3001 to document its ownership of a claim” by attaching a copy of the assignment to its proof of claim. In re Armstrong, 320 B.R. 97, 106 (Bankr. N.D. Tex. 2005): In re Hughes, 313 B.R. 205, 212 (Bankr. E.D. Mich. 2004). The 2012 amendments to “Rule 3001(c)(3)(A) replaced the requirement of attaching [any writing on which the debt is based] unless the documents are requested from the claimant pursuant to Rule (c)(3)(B).” In re Hill, No. 13-50707, 2014 WL 801517, at *6 (Bankr. E.D. Ky. Feb. 28, 2014) (citing In re Umstead, 490 B.R. 186, 195 (Bankr. E.D. Penn. 2013) (emphasis in original).
Brenden Magnino (“Magnino”), a process manager employed at Midland, testified about the internal computer systems
Bedoya testified regarding the accuracy of the amount of each of the Midland Claims. One of the bankruptcy specialists who works under Bedoya’s supervision will be tasked with filing a proof of claim in a given bankruptcy case. The bankruptcy specialist must verify the debtor’s social security number, the debtor’s name, and the claim amount. After the bankruptcy specialist validates the information and believes the account is eligible for filing a proof of claim, the bankruptcy specialist will generate a prepopulated proof of claim form from the Midland I Series system. After the proof of claim has been prepared, the bankruptcy specialist verifies that the proof of claim form contains the correct information. Once the bankruptcy specialist validates the information on the proof of claim form, he signs it and files it. Any issue that a bankruptcy specialist may encounter with a claim, such as inconsistent information, must be resolved before any claim is filed.
Bedoya also testified regarding Midland’s process for amending the proofs of claim that it files. The most common reason for Midland to amend a claim is when an objection is filed requesting additional documentation. Upon receipt of such an objection, the Midland bankruptcy specialist assigned to that claim will use the Media Portal program to access the additional documentation such as the bill of sale, the last payment Account Statement, the charge-off Account Statement, and the Seller Data Sheet (the “Media”). The bankruptcy specialist will attach the Media to an amended proof of claim form and file it with the court. Bedoya further testified that he has no knowledge of any Midland employee filing a claim not in conformity with Midland’s process.
Midland’s final witness was Barry Isaac Strickland (“Strickland”), a certified public accountant, who was designated and duly qualified as an expert witness. Strickland demonstrated that the 11 Midland Claims filed in the Maddux Bankruptcy Case, the Light Bankruptcy Case, the Peterson Bankruptcy Case, and the Jones Bankruptcy Case were essentially identical or substantially similar to the amounts scheduled by the Debtors.
None of the Debtors appeared at the trial to dispute any of the evidence offered by Midland as to the validity or amounts of the Midland Claims. The answers given by the Debtors to Midland’s discovery requests provided no substantive grqunds for the objections they had raised to the validity or the amounts asserted in the Midland Claims. After considering the evidence presented to the Court, the Court is satisfied that Midland has proven the validity and amount of the Midland Claims in each instance. The sole dispute is whether the Midland Claims should be disallowed for failing to comply with Bankruptcy Rule 3001(c)(2)(A).
b. Midland’s Failure to Comply with Bankruptcy Rule 3001(c)(2)(A)
Bedoya testified regarding Midland’s policy on interest and accounts in bankruptcy. When Midland filed its Original Proofs of Claim in these Bankruptcy Cases, Midland believed it was not proper to check the box stating that the claim contained interest. This was because Midland did not charge any interest or fees on any of the post-bankruptcy accounts that it purchased. It was Midland’s policy to treat the entire amount of a purchased claim as principal. Bedoya understood the Original Midland Claims to accurately represent the interest and fees that had accrued on the account prior to the charge-off date as capitalized into principal. Strickland corroborated this testimony explaining that it was the common practice throughout the credit card industry to capitalize accrued interest’and fees as principal.
Bedoya explained that Midland immediately changed its policy in this regard in response to the entry of the Court’s Summary Judgment Order. Midland immediately amended its First Amended Claims (individually, a “Second Amended Proof of Claim,” and collectively, the “Second Amended Proofs of Claim”) within days after the Court’s decision. The Second Amended Proofs of Claim checked the box to indicate that the Midland Claims did contain pre-charge-off interest. The itemization sheet attached to each Second Amended Proof of Claim included the words “See attached” in the “Interest Due,” “Fees,” and “Costs” itemization boxes. The Charge-off Statement and the Seller Data Sheet attached to each of the Second Amended Proofs of Claim disclosed the amounts of interest and fees charged year to date and the amount of charged-off interest on the account.
c. Sanctions for Violations of Bankruptcy Rule 3001(c)(2)(A)
The Debtors argue that the Midland Claims in these Consolidated Contest
The Court finds that Midland did not willfully file false claims. In fact it took immediate measures to correct the deficiency in the proofs of claim it had filed when the Court issued its Summary Judgment Order. Indeed, Midland has been forthcoming with information supporting the basis of its claims throughout the pen-dency of these Consolidated Contested Matters. The Court will not disallow the Midland Claims under § 105 of the bankruptcy Code. See In re Goeller, No. 12-17123-RGM, 2013 WL 3064594, at *3 (Bankr. E.D. Va. June 19, 2013) (“Mere non-compliance with the informational requirements of Rule 3001 such as attachment of documentation or providing- specific information should not be, in and of itself, grounds to disallow the claim”).
The Court will confine its consideration to the remedies specifically set forth in Bankruptcy Rule 3001(c)(2)(D). The Bankruptcy Rule provides that, if the Debtor is an individual, the Court may issue two sanctions when the holder of a claim fails to comply with Bankruptcy Rule 3001:
If the holder of a claim fails to provide any information required by this subdivision (c), the court may, after notice and hearing, take either or both of the following actions: (i) preclude the holder from presenting the omitted information, in any form, as evidence in any contested matter or adversary proceeding in the case, unless the court determines that the fáilure was substantially justified or is harmless: or (ii) award other appropriate relief, including reasonable expenses and attorney’s fees caused by the failure.
Fed. R. Bankr. P. 3001(c)(2)(D): see also Critten v. Quantum3 Group, LLC (In re Critten), 528 B.R. 835, 840 (Bankr. M.D. Ala. 2015) (noting that the remedy for a violation of Bankruptcy Rule 3001 is limited to the provisions in Fed. R. Bankr. P. 3001(e)(2)(D)): In re Reynolds, 470 B.R. 138, 145 (Bankr. D. Colo. 2012).
Although it does not believe that Midland willfully filed false claims, the Court cannot find that the failure of Midland to itemize interest and fees in these Consolidated Contested Matters under Rule 3001(c)(2)(A) was “substantially justified or ... harmless.” Fed. R. Bankr. P. 3001(e)(2)(D)(i).
The Court finds that the Debtors have been harmed. They have had to incur legal fees on account of Midland’s non-compliance with Bankruptcy Rule 3001. In most of these Consolidated Contested Matters, it was the other creditors of the Debtors and not the Debtors themselves who stood to benefit from the Debtors’ policing the claims process.
No other additional remedy is necessary. The Court, in applying the discretion that the Bankruptcy Rule accords to it, does not find that the sanction of precluding the omitted evidence under Bankruptcy Rule 3001(c)(2)(D)(i) is appropriate in the cases at bar. The Court is satisfied with Midland’s good faith. The Original Midland Claims and the First Amended Claims did comply with Bankruptcy Rule 3001(c)(3). Midland does not add interest or fees to the claims it buys. Midland amended the First Amended Claims within two days after the entry of the Summary Judgment Order by checking the appropriate box on Official Form 410 to indicate that the Midland Claims include interest and directing parties to the attached documents for specific information about what the seller was reporting as accrued interest before charge-off. Since that time, Midland has filed other proofs of claim in this district that further attempt to comply with the Summary Judgment Order. Additional sanctions are not necessary to deter future noncompliance with Bankruptcy Rule 3001.
Conclusion
Midland failed to comply with Bankruptcy Rule 3001(c)(2)(A) when it filed proofs of claim in these cases reporting that no interest was included in the balance. Accordingly, the Midland Claims were denied prima facie validity. Midland was able to establish its ownership of the Midland Glaims and its entitlement to collect the Midland Claims in these Bankruptcy Cases. Midland proved the validity and accuracy of the Midland Claims at Trial. Accordingly, the Court will overrule the Debtors’ objections to the First Amended Claims. The Second Amended Proofs of Claim filed by Midland will be allowed under 11 U.S.C. § 502. The Court finds that the Debtors’ recovery of the reasonable expenses and attorneys’ fees they incurred that was caused by Midland’s noncompliance with Bankruptcy Rule 3001(c)(2)(A) is warranted in this case under Bankruptcy Rule 3001(c)(2)(D). As Midland did comply with Bankruptcy Rule 3001(c)(3) and promptly amended the Midland Claims within two days after the entry of the Summary Judgment Order, the Court finds that no additional sanction is necessary or appropriate in these cases.
A separate order shall issue.
. The Bankruptcy Cases are: Maddux, case number 15-33574, filed on July 16, 2015: Light, case number 15-33590, filed on July 17, 2016: Jones, case number 15-36032, filed on November 20, 2015: Johnson, case number 15-35437, filed on October 22, 2015: Peterson, case number 15-34358, filed on August 20, 2015: and Blaha, case number 15-34453, filed on August 26, 2015 (the “Bankruptcy Case(s)”).
. Midland filed claims 13-1, 14-1, and 18-1 in the Maddux Bankruptcy Case: claims 8-1 and 9-1 in the Light Bankruptcy Case: claims 7-1, 8-1, 9-1, 10-1, and 11-1 in the Jones Bankruptcy Case: claims 6-1, 7-1 and 8-1 in the Johnson Bankruptcy Case: claims 7-1 and 8-1 in the Blaha Bankruptcy Case: and claim 10-1 in the Peterson Bankruptcy Case (the "Midland Claims”).
.A proceeding involving a claim objection is treated as a contested matter and Fed. R. Bankr. P. 9014 applies. See In re Fleming, No. 08-30200-KRH, 2008 WL 4736269, at *1 (Bankr. E.D. Va. Oct. 15, 2008): In re Pasc
. See Pre-Trial Order, Maddux, et al. v. Midland Credit Mgmt. Inc., as Agent for Midland Funding, LLC, No. 15-33574-KRH (Bankr. E.D. Va. July 14, 2016), ECF No. 55.
. Certain rules under part VII of the Bankruptcy Rules are applicable to contested matters, including Bankruptcy Rule 7052. See Fed. R. Bankr. P. 9014(c). Findings of fact shall be construed as conclusions of law and conclusions of law shall be construed as findings of fact when appropriate. See Fed. R. Bankr. P. 7052.
. The debt that Midland purchased in the Peterson Bankruptcy Case was a closed-end account, commonly referred to as an installment loan.
. The records included account statements for each of the credit card accounts (the "Account Statements)”). After receiving the electronic records from Synchrony Bank, Midland generated seller data sheets for each of the accounts, it had purchased (the "Seller Data Sheet(s)”).
. In order to participate in any distribution proposed under a chapter 13 plan, a creditor must file a proof of claim for the creditor's claim to be allowed and paid. See Fed R. Bankr. P. 3002(a), 3021. Bankruptcy Rule 3001 governs the manner of filing proofs of claim, which must conform substantially to
. Debtors complain that the amended Midland Claims were filed without leave of Court. However, Bankruptcy Rule 9014(c) does not make Bankruptcy Rule 7015 applicable to contested matters unless otherwise directed by the Court. See Fed. R. Bankr. P. 9014(c).
. The Official Form used for filing a proof of claim had been updated since the Original Midland Claims were filed. New Official Form 410 which replaced the old Official Form 10, now requires claimants to check alternative boxes in response to question 7 indicating affirmatively whether or not the claim includes interest or other charges. The First Amended Claims were properly filed using new Official Form 410. The box indicating that the amount claimed due did not include interest or other costs was checked.
. See Debtors’ Motion for Summary Judgment, Rachel Rena Maddux, et al. v. Midland Credit Mgmt. Inc., as Agent for Midland Funding, LLC, No. 15-33574-KRH (Bankr. E.D. Va. Aug. 11, 2016), ECF No. 67.
. See Debtors’ Memorandum in Support of Motion for Summary Judgment, Rachel Rena Maddux, et al. v. Midland Credit Mgmt. Inc., as Agent for Midland Funding, LLC, No. 15-33574-KRH (Bankr. E.D. Va. Aug. 11, 2016), ECF No. 69.
. The Debtors’ Motion for Summary Judgment only addressed the 15 revolving consumer credit accounts that Midland purchased from Synchrony Bank and did not involve the Midland Claim filed in the Peterson Bankruptcy Case.
. See supra note 8,
. The opposition asserted, as Midland does here, that “it is often impossible to break out the components of credit card debt because, depending upon the terms of the applicable credit agreement, unpaid interest and fees may be folded into the. principal balance.” Report of the Advisory Comm. On Bankr. R. to
. The rule-making process has been delegated to committees of the Judicial Conference of the United States (the "Judicial Conference”). See 28 U.S.C. § 2073. Advisory Committees of the Judicial Conference solicit comments from the bench, bar and general public after publication of a proposed rule or amendment to a rule. The Advisory Committee makes findings in response to the public comments and may elect to discard, review, or transmit the proposed rule or amendment to the Committee on Rules of Practice and Procedure of the Judicial Conference, which makes recommendations to the Judicial Conference. The Judicial Conference makes recommendations to the Supreme Court, The Supreme Court must transmit its proposed rule to Congress by May 1 of the year in which the rule is prescribed. The Rule becomes effective on Decemberl of the same year unless Congress provides otherwise by law. See 28 U.S.C. § 2075.
. Many of the regulations that govern the extension of open-end revolving credit, including the issuance of credit cards, are found in the regulations implementing the Truth in Lending Act, 15 U.S.C. § 1601 et seq., known as Regulation Z ("Reg. Z”), See 12 C.F.R. § 1026 et seq. Among the detailed disclosure requirements mandated by Reg. Z are requirements to identify finance and other charges and to disclose how those charges are calculated. See 12 C.F.R. § 1026.7(b)(5). Reg Z requires that credit card statements disclose the total finance charges over the billing statement period and calendar year to date period. See 12 C.F.R, § 1026(b)(6)(D). At a minimum, this information attributable to finance charges was available to Midland from Synchrony Bank.
. See Order Denying Motion for Summary Judgment, Maddux, et al. v. Midland Credit Mgmt. Inc., as Agent for Midland Funding, LLC, No. 15-33574-KRH (Bankr. E.D. Va. Sept. 21, 2016), ECF No. 92 (the “Summary Judgment Order”),
. Bankruptcy Rule 3001(f) provides that "[a] proof of claim executed and filed in accordance with [Bankruptcy Rule 3001] shall constitute prima facie evidence of the validity and amount of the claim.”
. Although the Debtors objected to the ownership of the Midland Claims, they did not request that Midland provide a copy of the writing on which the claims were based until discovery in these Consolidated Contested Matters was well underway.
. The information required by Bankruptcy Rule 3001(c)(3)(A) is: (i) the name of the entity from whom the creditor purchased the account: (ii) the name of the entity to whom the debt was owed at the time of the account holder’s last transaction: (iii) the date of the last transaction: (iv) the date of the last payment: and (v) the date that the account was charged to profit or loss,
. By way of example, the parties’ Joint Stipulation of Undisputed Facts reveals that Mad-dux scheduled a Lowes’ credit card debt for $1,996 (the "Scheduled Amount of the Claim”). Strickland matched the Scheduled Amount of the Claim with the amount indicated on the last payment Account Statement dated July 7, 2015 (which was attached to Midland’s First Amended Claim 14-2) by rounding down by 26 cents to the nearest dollar amount. The amount set forth in Midland’s First Amended Claim 14-2 was $2,077.31 (the "Claimed Amount”). Strickland was able to reconcile the Claimed Amount with the Scheduled Amount of the Claim by using the charge-off Account Statement attached to Midland’s First Amended Claim 14-2. The account was charged off on July 26, 2015 (the "Charge-off Date”). Additional interest and fees had accrued between
. The Midland Claim filed in the Johnson Bankruptcy Case was in the amount of $4,439.40. The scheduled amount of this claim was $6,524.00.
. The last payment Account Statement and the charge-off Account Statement attached to the First Amended Claims provide information in each instance from which the amount of interest, fees and purchases that accumulated between the dates of the two Account Statements could be ascertained.
. The Court recognized that non-compliance with Bankruptcy Rule 3001 could be a basis for disallowance of a claim in In re Commonwealth Biotechnologies, Inc., But the Debtors’ reliance on the holding in that case is misplaced given the facts presented in the cases at bar. In In re Commonwealth Biotechnologies, Inc., the court found that the claimant was not entitled to enforce the note underlying the claim because no evidence had been presented that the note was ever transferred to the claimant. See In re Commonwealth Biotechnologies, Inc., 2012 WL 5385632, at *5, *6. The Court actually disallowed the claim under 11 U.S.C. § 502(b)(1) because the claimant was not entitled to enforce the note under Virginia law. See id. In this case, Midland has satisfied its burden on the ownership of the credit card accounts.
. In addition to In re Osborne, Midland cites In re Armstrong, 320 B.R. 97 (Bankr. N.D. Tex. 2005), In re Kemmer, 315 B.R.706 (Bankr. E.D. Tenn. 2004), and In re Cluff, 313 B.R. 323 (Bankr. D. Utah 2004) in arguing that it was substantially justified in disclosing
. Only those Debtors who confirmed and completed 100% plans would benefit from the disallowance of a claim.
. Midland has included a disclaimer on the itemization it is now attaching to its proofs of
Reference
- Full Case Name
- In re: Rachel Rena MADDUX, Debtors. v. MIDLAND CREDIT MANAGEMENT, INC., as agent FOR MIDLAND FUNDING, LLC, Creditor
- Cited By
- 14 cases
- Status
- Published