In re Hamilton

493 B.R. 31, 2013 WL 2151457
CourtUnited States Bankruptcy Court, M.D. Tennessee
DecidedMay 16, 2013
DocketNos. 3:12-BK-04600, 3:11-BK-10429, 3:12-BK-03021
StatusPublished
Cited by22 cases

This text of 493 B.R. 31 (In re Hamilton) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, M.D. Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Hamilton, 493 B.R. 31, 2013 WL 2151457 (Tenn. 2013).

Opinion

MemoraNdum

KEITH M. LUNDIN, Chief Judge.

The issue in these Chapter 13 cases is: What happens at dismissal to funds held by the trustee in a confirmed Chapter 13 case? 11 U.S.C. § 349(b)(3) provides the answer: Absent court order otherwise, undistributed funds must be returned to the debtor at dismissal after confirmation. The following are findings of fact and conclusions of law. Fed. R. Bankr.P. 7052.

1. Facts

There are no disputed facts.1 These debtors confirmed Chapter 13 plans during 2012. The plan and/or order confirming the plan in each case overcame the vesting effect in 11 U.S.C. § 1327(b)2 by providing [33]*33that all property remained property of the estate until conversion, dismissal or discharge.

After confirmation, each of these debtors failed to fully fund their plans resulting in orders of dismissal. At dismissal, the Chapter 13 trustee held undistributed funds in each case, ranging from $2789 to $12,975. A disputed mortgage claim caused a large portion of the undistributed funds in each case — distributions were being held by the trustee pending resolution of the claims objections.

The standing Chapter 13 trustee filed an Application for Instruction Regarding Disposition of Trust Assets in each case. The trustee took no position in these Applications. When pressed at oral argument, the trustee observed that “general principles of trust law” support distribution pursuant to the confirmed plan of any sum held at dismissal. The trustee explained that payments made into plans from debtors’ postpetition earnings were the trust res impressed with the conditions in confirmation orders that would require him to distribute funds on hand at dismissal consistent with the confirmed plans. The trustee cited In re Parrish, 275 B.R. 424 (Bankr.D.D.C.2002), to support this outcome. Parrish holds that 11 U.S.C. § 1326(a)(2) requires distribution under the plan of funds held by the trustee at dismissal. If persuaded to this position, the court is then invited by the trustee to consider how the pending claims objections will be resolved in these now dismissed Chapter 13 cases.

The law firm of Rothschild & Aus-brooks, PLLC, was granted leave to file an amicus brief on behalf of The Middle Tennessee Association of Consumer Bankruptcy Attorneys (“MACBA”). Southeast Financial Credit Union appeared as well. These additional briefs were helpful.

MACBA argued that undistributed funds held at dismissal in a confirmed Chapter 13 case should be returned to the debtor after deducting any unpaid costs of administration allowed under 11 U.S.C. § 503(b).3 MACBA asserts that access to legal counsel for Chapter 13 debtors would be severely impaired if attorneys don’t get paid in dismissed cases. MACBA explains that most Chapter 13 debtors enter bankruptcy having paid no attorney fees up front-counsel agrees to accept payments under the plan. To assure availability of counsel for Chapter 13 debtors, MACBA urges “a procedure whereby, upon dismissal of a Chapter 13 Plan, the Trustee routinely pays all claims allowed under Section 503(b) and distributes the balance to the Debtor, ‘unless the Court, for cause, otherwise directs’ based upon the unique equities of the case.” (Amicus Br. at 3.).

MACBA invokes the opening phrase in 11 U.S.C. § 349(b)(3) — “[ujnless the court, for cause, orders otherwise” — as authority for its general rule of payment of attorney fees in Chapter 13 cases dismissed after confirmation. In this way, treatment of fees post confirmation would mirror treatment of undistributed funds in cases dismissed prior to confirmation under § 1326(b)(2).

Southeast Financial Credit Union (“Southeast”), self-described as a consumer lender, often holds secured (home mortgages, automobile loans) and/or unsecured (credit card debt) claims in Chapter 13 cases. Southeast argues that funds held by the Chapter 13 trustee at dismissal of a confirmed case should be distributed in accordance with the confirmed plan. [34]*34Southeast cites 11 U.S.C. §§ 1326(a)(2), (b)(1)(2) & (c) and 1306(b), for this conclusion. If there are objections to claims pending at dismissal, Southeast urges the court to hear and decide those claim objections prior to any final distribution and notwithstanding dismissal of the underlying case.

II. Discussion

The only issue in these cases is the disposition of undistributed funds held by the Chapter 13 trustee at dismissal of a confirmed Chapter 13 case.4 There is less controversy with respect to disposition of undistributed funds at conversion to another chapter or at dismissal prior to confirmation.5 With respect to confirmed cases, precedent is split.6

A. 11 U.S.C. § 1326.

Southeast argues that the “plain language” of 11 U.S.C. § 1326(a)(2) and (c) requires distribution to creditors in accordance with the plan at dismissal after confirmation. This position has some support [35]*35in the case law.7

There are at least two major problems with this approach. Section 1326 has nothing to say about payments to the trustee after confirmation and before dismissal. Perhaps more fundamentally, § 1326 provides no direction to the trustee in cases such as these that are dismissed after a plan has been confirmed.

Section 1326 provides:

(a)(1) Unless the court orders otherwise, the debtor shall commence making payments not later than 30 days after the date of the filing of the plan or the order for relief, whichever is earlier, in the amount—
(A) proposed by the plan to the trustee;
(B) scheduled in a lease of personal property directly to the lessor for that portion of the obligation that becomes due after the order for relief, reducing the payments under subparagraph (A) by the amount so paid and providing the trustee with evidence of such payments, including the amount and date of payment; and

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Cite This Page — Counsel Stack

Bluebook (online)
493 B.R. 31, 2013 WL 2151457, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-hamilton-tnmb-2013.