In re: Michael Angelo Montemayor

CourtUnited States Bankruptcy Court, N.D. Illinois
DecidedApril 7, 2026
Docket25-13542
StatusUnknown

This text of In re: Michael Angelo Montemayor (In re: Michael Angelo Montemayor) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Michael Angelo Montemayor, (Ill. 2026).

Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION In re: ) Chapter 13 ) Michael Angelo Montemayor, ) Case No. 25 B 13542 ) Debtor. ) Hon. Michael B. Slade )

MEMORANDUM OPINION DENYING CONFIRMATION OF THE PROPOSED PLAN AND DENYING THE TRUSTEE’S MOTION TO DISMISS Debtor Michael Montemayor seeks confirmation of a proposed Chapter 13 Plan that would last thirty-six months and pay creditors an estimated twenty-five cents on the dollar over the course of that three-year period. (See Dkt. No. 40) Under the terms of the proposed Plan, a material amount of what otherwise would be disposable income available to repay Mr. Montemayor’s debts would instead be used to make monthly payments on his wife’s 2025 Tesla—the family’s third car, which she purchased days before Mr. Montemayor’s last (unsuccessful) bankruptcy case for around $60,000. The Trustee raises several objections to confirmation and asks me to dismiss the case instead. (Dkt. No. 27) While I agree that Mr. Montemayor is a “below-median” debtor, I do not believe that a luxury car is a reasonably necessary expense. Thus, the Plan fails the disposable income test and is not confirmable. Moreover, a plan that pays in full a $60,000 debt for an eve-of-bankruptcy luxury car purchase while offering fractional recoveries to other creditors because the proposed Plan only lasts thirty-six months is not proposed in good faith. A system that sanctions (and in doing so encourages) that sort of irresponsible behavior by a debtor’s spouse is surely not what Congress envisioned. For these reasons, as described in detail below, confirmation of the proposed Plan is denied. That said, I will not dismiss this Chapter 13 case at this time as the Trustee requests. Instead, I credit Mr. Montemayor’s testimony that he is committed to repaying creditors to the extent possible, and I believe that a modestly adjusted Plan would be feasible and confirmable. Sacrifices by Mr. Montemayor’s household may need to be part of the solution. The bottom line is that if Mr. Montemayor’s household chooses to retain the 2025 Tesla during the plan period

and in doing so syphon more than $800 each month otherwise payable to creditors, then Mr. Montemayor’s Plan will likely need to increase payments and/or last beyond the minimum term to be confirmable. I will leave it to the Debtor and Trustee to negotiate a fair plan in the first instance with the guidance of this opinion. If the parties cannot agree, I will give the Debtor another shot at confirmation if he proposes an amended plan to address the issue. For now, confirmation of the proposed Plan (Dkt. No. 40) is denied, and the Trustee’s Motion to Dismiss (Dkt. No. 27) is also denied—both without prejudice. I. Mr. Montemayor is a travelling nurse for Advocate Aurora Health. (3/12 Tr. at 31)1 He

works five days a week, driving around the Chicago suburbs to treat patients who are generally immobile and need home care. (Id. at 31–33) He sees five to seven patients per day. (Id.) To get the supplies he needs to treat patients, he orders in bulk and packs tubs in a work car, a 2019 Subaru Impreza. (Id.) These supplies include sharps such as needles for blood draws and receptacles for medical waste. (Id. at 33–35; DX 1) And while visiting patients, Mr. Montemayor is exposed to communicable diseases and whatever might await him in patients’ homes—even vermin—which from time to time end up in the Subaru. (3/12 Tr. at 36–40) So for safety reasons, his wife and children don’t set foot in the Subaru. (Id. at 41, 49)

1 Transcript citations are from the March 12, 2026 Hearing. See Dkt. No. 63. In addition, I admitted the Debtors’ Exhibits 1–30, see Dkt. No. 62, which are referred to here as DX __ and are available at Dkt. No. 55. Mr. Montemayor also appears to be a devoted father to his five children, aged eight to nineteen. (See Dkt. No. 57) Every weekday he drives his oldest child to the train station to commute to college at the University of Illinois-Chicago. (3/12 Tr. at 27) Mr. Montemayor then drives his other children either to school or to the school bus, all before embarking on his daily medical runs. (Id. at 24–31)

Until December 2024, the Montemayor household had two cars—the Subaru used for Mr. Montemayor’s job and a 2019 Honda Odyssey that fits the entire family. (Id. at 45, 47–49) Mr. Montemayor’s wife would first drive the Honda to her job—she’s also a nurse, working at a rehabilitation clinic in Morton Grove. (Id. at 37) Mr. Montemayor would then, early in the morning, drive the Subaru to his wife’s work, swap cars with her, take the Honda to run his errands and fulfill child-transport duties, then return the Honda to his wife’s work—swapping cars again—before his work began. (Id. at 47–49) This obviously wasn’t ideal, but the family made it work. (Id. at 85–86) And during that period, the family accrued a large sum of debt, some in Mr. Montemayor’s name and some in his wife’s. (Id. at 86–87)

One day in early December 2024, Mr. Montemayor’s wife purchased a 2025 Tesla Model Y for approximately $60,000. (DX 10) At trial, I asked Mr. Montemayor about the economic wisdom of that purchase while the family was in financial distress. Mr. Montemayor testified credibly that his wife asked neither for permission nor forgiveness—she purchased the car irrespective of the financial implications. (3/12 Tr. at 53–57) Then, on December 31, 2024, Mr. Montemayor filed his first bankruptcy case. (See Case No. 24-19447, Bankr. N.D. Ill.) It went poorly and was dismissed in July 2025. (Id. Dkt. Nos. 30, 39)2 Following the Trustee’s final report, it was closed on September 10, 2025. (Id. Dkt. Nos. 42–43)

2 At trial, Mr. Montemayor essentially blamed the lawyer who represented him in his prior case for the dismissal. (3/12 Tr. at 78–82) As Mr. Montemayor’s first bankruptcy case was in the process of being dismissed, his wife was in the process of consolidating her debt. In a transaction that closed in the summer of 2025, Mrs. Montemayor consolidated a series of credit card debts—accumulated through purchases that had benefitted the entire household—through a loan with SoFi. (3/12 Tr. at 61– 66) Mrs. Montemayor is the sole obligor on that SoFi loan, and she alone makes the payments.

(Id.; see also DX 18–21) In addition, the Montemayors are not only health care professionals and parents responsible for five children—they also care for Mrs. Montemayor’s father, who lives in the Philippines. (3/12 Tr. at 57–58) Before Mrs. Montemayor entered the workforce, Mr. Montemayor sent payments to his father-in-law every month to cover his rent. (Id. at 58–61, 88) More recently, Mrs. Montemayor’s other siblings have begun chipping in more, and Mrs. Montemayor (who has worked the past two years) took over making these assistance payments directly to her father to the tune of approximately $90 per month. (Id. at 88-90; DX 16-17) II.

This bankruptcy case was filed August 31, 2025—before the first one was even closed. (See Dkt. No. 1) Mr. Montemayor’s petition suggests that Chapter 13 was chosen to protect the material equity in the couple’s Morton Grove home (which they own in tenancy by the entirety). (See Dkt. No. 1, Schedule A/B § 1.1) Mr. Montemayor also has a few payments left on two cars—the Subaru and Honda are otherwise largely paid off. (See id. Schedule D §§ 2.1 and 2.3) Other than those secured claims, Mr. Montemayor has a modest tax debt (id. § 2.2) and nearly $100,000 of credit card debt accrued over time (id. §§ 4.1–4.10). Mrs. Montemayor, who as noted above had consolidated her debts into a single sizable loan a few months earlier, is a joint obligor on the couple’s mortgage, but she did not file as a joint debtor. Mr. Montemayor’s proposed Chapter 13 Plan would have him making payments to the Trustee for thirty-six months. The first four payments start at $100/month. (Dkt. No.

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In re: Michael Angelo Montemayor, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-michael-angelo-montemayor-ilnb-2026.