BANKRUPTCY COURT DISMISSES CHAPTER 13 CASE BASED ON DEBTOR’S PRIOR SURRENDER OF PROPERTY IN CHAPTER 7 CASE
The Bankruptcy Court for the Middle District of Florida dismissed a Chapter 13 bankruptcy proceeding brought by a debtor (“Johnson”) in an effort to “repay his mortgage debt.” In re Johnson. In Johnson, the Debtor and his wife defaulted on their mortgage and Charles Schwab Bank (“Schwab”) initiated foreclosure proceedings. Thereafter, the Johnsons petitioned for…