High Court rules debtors must wait to appeal court ordered payment plan denial

2015-05-15 19:15:36 (GMT) (Caymanmama.com - News Providers News)

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05/05/2015 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)

Washington – The Supreme Court recently ruled against debtors being able to appeal a court’s rejection of plans to repay creditors. The court’s ruling Monday stipulates that parties in bankruptcy cases must wait until the confirmation of a payment plan prior to making an appeal to a higher court.

The decision stems from the case of a Massachusetts man who filed for bankruptcy in 2010. Louis Bullard, who filed Chapter 13, was denied his plan to pay one of his creditors, Blue Hills Bank, only a portion of the $346,000 owed.

A federal appeals court decided that the order of the court was not final because an additional plan could still be proposed.

Chief Justice John Roberts, who wrote for the court, said that an order that confirmed a payment plan is the only one eligible for immediate appeal.

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