In re Rollins (Ch. 7 Case No. 06-52058)

The debtor, for ten years, used credit cards to meet his living expenses and to maintain his lifestyle. The debtor filed for Chapter 7 relief after finding a new job that tripled his annual income. The United States trustee contended that granting Chapter 7 relief would be an abuse under the totality of the circumstances under section 707(b)(3) of the Bankruptcy Code. The court agreed that the debtor's Chapter 7 case should be dismissed, but allowed the debtor ten days to convert his Chapter 7 case to a case under Chapter 11 or Chapter 13.

Monday, July 16, 2007