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Supreme Court taking up Midland case


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Bankruptcy attorneys have been waiting for this day for a long time so we can know the answer to whether we can get some sanctions for the filing of baseless proofs of claim in a bankruptcy proceeding.    You are talking serious money because a Chapter 7 Trustee is not exactly objecting to proofs of claim and a bankruptcy attorney likely does not care if there is nothing in it for him.     Chapter 13 cases are a tad different since the attorney does not want the client to pay extra per month for time barred debts so they will object to those.    

Allow bankruptcy attorneys to get sanctions and file FDCPA claims for time barred proofs of claims and watch the practice come to a screeching halt.    Say they cannot and this business practice will explode.

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