(Bankr. E.D. Ky. Sep. 8, 2017)
The bankruptcy court grants the creditor’s motion to dismiss the Chapter 7 case because the debtor failed to rebut the “presumption of abuse.” The debtor argued she should be permitted to file under Chapter 7 because of special circumstances, pursuant to § 707(b)(2)(B). The debtor argued that she was a “stockbroker” and thus not eligible for Chapter 11 or 13. However, the court determines that she is not a stockbroker because she is merely an employee, rather than a stockbroker as defined by § 101. Opinion below.
Judge: Wise
Attorney for Debtor: Stuart P. Brown
Attorney for Creditor: Nicholas A. Zingarelli
Author: Matt Lindblom