News & Updates
Beverly’s Blog
Practice tips, rule changes, and news for attorneys, creditors, and debtors in Chapter 13 cases in the Eastern District of Kentucky.
Latest Post
Register Now for the UK Consumer Bankruptcy Law Conference, August 6-7, 2026 in Lexington
The 18th Biennial UK Consumer Bankruptcy Law Conference will be held on August 6-7, 2026 at the Campbell House Hotel, Lexington, Kentucky. This seminar is a must for bankruptcy practitioners in the Eastern and Western Districts…
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· 341 Meetings
Policy Change – Due Date for Filing Prepetition Tax Returns Under § 1308
Chapter 13 debtors in the Eastern District of Kentucky will now have a very short deadline for filing their prepetition tax returns with the taxing entities as required by section 1308. WHICH YEARS: Debtors who file a chapter 13…
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· interest rate
Update: Interest Rates; Debt Limits for Eligibility
WSJ Prime Rate: The WSJ prime rate of interest has increased twice since my last post in May: June 15, 2022: 4.75% July 27, 2022: 5.50% In the EDKY, secured claims that have not been specifically provided for in the plan are…
Read More· COVID-19
Update on Zoom 341’s; Tax Returns Not Filed; Mortgage Forbearance Agreements in Chapter 13
Zoom Meetings Update: We’ve only done the section 341 meetings by Zoom for a week, and I am amazed at the participation rate. We were able to hold 77% of the scheduled meetings. That’s incredible considering that most debtors and…
Read More· Practice Tips
New Deadlines for Filing Tax Returns as Required by Section 1308
I have a new policy regarding the deadlines for filing tax returns pursuant to section 1308 of the Bankruptcy Code. REFRESHER: Section 1308 requires debtors to file with the tax authorities all tax returns for all tax periods…
Read More· interest rate
Interest Rates on Secured Claims in Chapter 13 Cases in the EDKY
UPDATE: The prime rate increased to 4.5% effective December 14, 2017. The prime rate of interest increased a quarter of a point to 4% effective March 16, 2017. Read on for information on how this affects chapter 13 plans in the…
Read More· Practice Tips
Deadlines for Filing Prepetition Tax Returns in Chapter 13 Cases
Some of the information in this February 3, 2017 post is out of date, and the trustee’s policies have changed. Go to New Deadlines for Filing Tax Returns as Required by Section 1308 (January 18, 2019). Frequently, debtors who…
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· Secured Claims
Delinquent Property Tax Claims in Chapter 13 Cases
Property taxes on real estate in Kentucky constitute a statutory lien on the property. Under state law (KRS Chapter 134), the lien has priority over any other debt on the property. If the property were to be sold, property tax…
Read More· Tax Issues
Tax Issues: Practice Tips and “OMG!” Lessons from the 2016 NACTT Annual Conference
This is my last post on practice tips and “OMG!” lessons we picked up at the NACTT Annual Conference a couple of weeks ago, and it’s to give debtors’ attorneys some practical information from the session on tax issues in chapter…
Read More· Secured Claims
Interest Rate on Secured IRS Claims
The interest rate on secured IRS claims increased to 4% , effective with cases confirmed on or after April 1, 2016. The rate is adjusted by the IRS quarterly, but had remained at 3% for more than four years. The higher interest…
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Read This First
The purpose of this blog is to provide timely practice tips to attorneys representing debtors and creditors in chapter 13 bankruptcy cases in the Eastern District of Kentucky. These posts represent my thoughts and opinions and do not constitute legal advice, nor should they be considered a substitute for legal research.
As the trustee in the EDKY, I reserve the right to take a contrary position in any particular case depending on the facts of that case, and I reserve the right to argue an interpretation of the law that may differ from that set forth in any post. I also reserve the right to change my mind at any time for any reason.
— Beverly M. Burden, Chapter 13 Trustee, Eastern District of Kentucky
