Source: http://codes.findlaw.com/us/title-11-bankruptcy/11-usc-sect-707.html
Timestamp: 2017-11-20 21:13:11
Document Index: 303701034

Matched Legal Cases: ['§ 707', '§ 707', '§ 707', '§\u2002707', '§ 707', '§\u2002707']

11 U.S.C. § 707 - U.S. Code Title 11. Bankruptcy § 707 | FindLaw
11 U.S.C. § 707 - U.S. Code - Unannotated Title 11. Bankruptcy § 707. Dismissal of a case or conversion to a case under chapter 11 or 13
The court may dismiss a case under this chapter only after notice and a hearing and only for cause, including--
failure of the debtor in a voluntary case to file, within fifteen days or such additional time as the court may allow after the filing of the petition commencing such case, the information required by paragraph (1) of section 521(a) , but only on a motion by the United States trustee.
After notice and a hearing, the court, on its own motion or on a motion by the United States trustee, trustee (or bankruptcy administrator, if any), or any party in interest, may dismiss a case filed by an individual debtor under this chapter whose debts are primarily consumer debts, or, with the debtor's consent, convert such a case to a case under chapter 11 or 13 of this title, if it finds that the granting of relief would be an abuse of the provisions of this chapter. In making a determination whether to dismiss a case under this section, the court may not take into consideration whether a debtor has made, or continues to make, charitable contributions (that meet the definition of “charitable contribution” under section 548(d)(3) ) to any qualified religious or charitable entity or organization (as that term is defined in section 548(d)(4) ).
In considering under paragraph (1) whether the granting of relief would be an abuse of the provisions of this chapter, the court shall presume abuse exists if the debtor's current monthly income reduced by the amounts determined under clauses (ii), (iii), and (iv), and multiplied by 60 is not less than the lesser of--
25 percent of the debtor's nonpriority unsecured claims in the case, or $7,700 [FN1], whichever is greater; or
$12,850 [FN1].
The debtor's monthly expenses shall be the debtor's applicable monthly expense amounts specified under the National Standards and Local Standards, and the debtor's actual monthly expenses for the categories specified as Other Necessary Expenses issued by the Internal Revenue Service for the area in which the debtor resides, as in effect on the date of the order for relief, for the debtor, the dependents of the debtor, and the spouse of the debtor in a joint case, if the spouse is not otherwise a dependent. Such expenses shall include reasonably necessary health insurance, disability insurance, and health savings account expenses for the debtor, the spouse of the debtor, or the dependents of the debtor. Notwithstanding any other provision of this clause, the monthly expenses of the debtor shall not include any payments for debts. In addition, the debtor's monthly expenses shall include the debtor's reasonably necessary expenses incurred to maintain the safety of the debtor and the family of the debtor from family violence as identified under section 302 of the Family Violence Prevention and Services Act, or other applicable Federal law. The expenses included in the debtor's monthly expenses described in the preceding sentence shall be kept confidential by the court. In addition, if it is demonstrated that it is reasonable and necessary, the debtor's monthly expenses may also include an additional allowance for food and clothing of up to 5 percent of the food and clothing categories as specified by the National Standards issued by the Internal Revenue Service.
In addition, the debtor's monthly expenses may include, if applicable, the continuation of actual expenses paid by the debtor that are reasonable and necessary for care and support of an elderly, chronically ill, or disabled household member or member of the debtor's immediate family (including parents, grandparents, siblings, children, and grandchildren of the debtor, the dependents of the debtor, and the spouse of the debtor in a joint case who is not a dependent) and who is unable to pay for such reasonable and necessary expenses. Such monthly expenses may include, if applicable, contributions to an account of a qualified ABLE program to the extent such contributions are not excess contributions (as described in section 4973(h) of the Internal Revenue Code of 1986) and if the designated beneficiary of such account is a child, stepchild, grandchild, or stepgrandchild of the debtor.
In addition, for a debtor eligible for chapter 13, the debtor's monthly expenses may include the actual administrative expenses of administering a chapter 13 plan for the district in which the debtor resides, up to an amount of 10 percent of the projected plan payments, as determined under schedules issued by the Executive Office for United States Trustees.
In addition, the debtor's monthly expenses may include the actual expenses for each dependent child less than 18 years of age, not to exceed $1,925 [FN1] per year per child, to attend a private or public elementary or secondary school if the debtor provides documentation of such expenses and a detailed explanation of why such expenses are reasonable and necessary, and why such expenses are not already accounted for in the National Standards, Local Standards, or Other Necessary Expenses referred to in subclause (I).
In addition, the debtor's monthly expenses may include an allowance for housing and utilities, in excess of the allowance specified by the Local Standards for housing and utilities issued by the Internal Revenue Service, based on the actual expenses for home energy costs if the debtor provides documentation of such actual expenses and demonstrates that such actual expenses are reasonable and necessary.
The debtor's average monthly payments on account of secured debts shall be calculated as the sum of--
any additional payments to secured creditors necessary for the debtor, in filing a plan under chapter 13 of this title, to maintain possession of the debtor's primary residence, motor vehicle, or other property necessary for the support of the debtor and the debtor's dependents, that serves as collateral for secured debts;
The debtor's expenses for payment of all priority claims (including priority child support and alimony claims) shall be calculated as the total amount of debts entitled to priority, divided by 60.
In order to establish special circumstances, the debtor shall be required to itemize each additional expense or adjustment of income and to provide--
The presumption of abuse may only be rebutted if the additional expenses or adjustments to income referred to in clause (i) cause the product of the debtor's current monthly income reduced by the amounts determined under clauses (ii), (iii), and (iv) of subparagraph (A) when multiplied by 60 to be less than the lesser of--
25 percent of the debtor's nonpriority unsecured claims, or $7,700 [FN1], whichever is greater; or
As part of the schedule of current income and expenditures required under section 521 , the debtor shall include a statement of the debtor's current monthly income, and the calculations that determine whether a presumption arises under subparagraph (A)(i), that show how each such amount is calculated.
Subparagraphs (A) through (C) shall not apply, and the court may not dismiss or convert a case based on any form of means testing--
if the debtor is a disabled veteran (as defined in section 3741(1) of title 38 ), and the indebtedness occurred primarily during a period during which he or she was--
on active duty (as defined in section 101(d)(1) of title 10 ); or
performing a homeland defense activity (as defined in section 901(1) of title 32 ); or
with respect to the debtor, while the debtor is--
on, and during the 540-day period beginning immediately after the debtor is released from, a period of active duty (as defined in section 101(d)(1) of title 10 ) of not less than 90 days; or
performing, and during the 540-day period beginning immediately after the debtor is no longer performing, a homeland defense activity (as defined in section 901(1) of title 32 ) performed for a period of not less than 90 days;
In considering under paragraph (1) whether the granting of relief would be an abuse of the provisions of this chapter in a case in which the presumption in paragraph (2)(A)(i) does not arise or is rebutted, the court shall consider--
The court, on its own initiative or on the motion of a party in interest, in accordance with the procedures described in rule 9011 of the Federal Rules of Bankruptcy Procedure , may order the attorney for the debtor to reimburse the trustee for all reasonable costs in prosecuting a motion filed under section 707(b) , including reasonable attorneys' fees, if--
finds that the action of the attorney for the debtor in filing a case under this chapter violated rule 9011 of the Federal Rules of Bankruptcy Procedure .
If the court finds that the attorney for the debtor violated rule 9011 of the Federal Rules of Bankruptcy Procedure , the court, on its own initiative or on the motion of a party in interest, in accordance with such procedures, may order--
The signature of an attorney on a petition, pleading, or written motion shall constitute a certification that the attorney has--
determined that the petition, pleading, or written motion--
Except as provided in subparagraph (B) and subject to paragraph (6), the court, on its own initiative or on the motion of a party in interest, in accordance with the procedures described in rule 9011 of the Federal Rules of Bankruptcy Procedure , may award a debtor all reasonable costs (including reasonable attorneys' fees) in contesting a motion filed by a party in interest (other than a trustee or United States trustee (or bankruptcy administrator, if any)) under this subsection if--
the position of the party that filed the motion violated rule 9011 of the Federal Rules of Bankruptcy Procedure ; or
A small business that has a claim of an aggregate amount less than $1,300 [FN1] shall not be subject to subparagraph (A)(ii)(I).
the term “small business” means an unincorporated business, partnership, corporation, association, or organization that--
the number of employees of a wholly owned subsidiary of a corporation includes the employees of--
Only the judge or United States trustee (or bankruptcy administrator, if any) may file a motion under section 707(b) , if the current monthly income of the debtor, or in a joint case, the debtor and the debtor's spouse, as of the date of the order for relief, when multiplied by 12, is equal to or less than--
in the case of a debtor in a household exceeding 4 individuals, the highest median family income of the applicable State for a family of 4 or fewer individuals, plus $700 [FN1] per month for each individual in excess of 4.
No judge, United States trustee (or bankruptcy administrator, if any), trustee, or other party in interest may file a motion under paragraph (2) if the current monthly income of the debtor, including a veteran (as that term is defined in section 101 of title 38 ), and the debtor's spouse combined, as of the date of the order for relief when multiplied by 12, is equal to or less than--
In a case that is not a joint case, current monthly income of the debtor's spouse shall not be considered for purposes of subparagraph (A) if--
the debtor and the debtor's spouse are separated under applicable nonbankruptcy law; or
the debtor and the debtor's spouse are living separate and apart, other than for the purpose of evading subparagraph (A); and
the debtor files a statement under penalty of perjury--
disclosing the aggregate, or best estimate of the aggregate, amount of any cash or money payments received from the debtor's spouse attributed to the debtor's current monthly income.
the term “crime of violence” has the meaning given such term in section 16 of title 18 ; and
the term “drug trafficking crime” has the meaning given such term in section 924(c)(2) of title 18 .
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