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VOL. 130 | NO. 87 | Tuesday, May 5, 2015

High Court: Debtors Must Wait to Appeal Payment Plan Denial

AP

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WASHINGTON (AP) – A unanimous Supreme Court says debtors in bankruptcy cannot immediately appeal a court's order rejecting a plan to repay creditors.

The justices ruled Monday that parties in a bankruptcy case must wait until a repayment plan is confirmed before appealing to a higher court.

The case involves Louis Bullard, a Massachusetts man who filed for Chapter 13 bankruptcy in 2010. One of his biggest debts was $346,000 he owed to Blue Hills Bank. But a bankruptcy court denied his plan to pay the bank only a tiny percentage of what he owed.

A federal appeals court said the order was not final because Bullard could still propose another plan.

Writing for the court, Chief Justice John Roberts agreed that only an order confirming a payment plan is immediately appealable.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 116 288 17,672
MORTGAGES 143 337 20,372
FORECLOSURE NOTICES 15 26 2,671
BUILDING PERMITS 139 488 36,434
BANKRUPTCIES 43 158 11,322
BUSINESS LICENSES 35 93 5,802
UTILITY CONNECTIONS 38 65 6,779
MARRIAGE LICENSES 18 86 4,002