Proposed Amendments to the Federal Rules of Appellate

Seventh Circuit Says Secured Creditors Must File Proof of Claim Within Ninety Days of Meeting of CreditorsTimely proof of claim filings by secured creditors have “been a thorn in the side of many Chapter 13 cases involving secured creditors,” according to Judge Wood in In re Pajian. However, a recent Seventh Circuit decision may cause the industry to revise their current process for proof of claim filings. Bankruptcy Rule 3002(c)