IRS amended and substantially increased its claim for unemployment taxes six years after claims bar date. IRS offered no justification or excuse for the delay, so the amended claim was disallowed as untimely filed.

Debtor's pension plan is not property of the bankruptcy estate because it contains a restriction on transfer of the beneficial interest. Therefore, the court has no jurisdiction to decide whether the property is exempt or whether lien on it is avoidable

On defendant's motion to reconsider, the court dismissed the adversary proceeding as untimely filed. Rules 4007(c) and 4004(a) and (b) are clear that the court may not permit an extension of time in which to file unless a timely motion has been made.

Pre-petition, the debtor settled a personal injury claim with his former employer and received an annuity. He assigned his interest in the payments to his lender; the assignment removed the settlement proceeds from exempt status under Nebraska law

Reported at 62 B.R. 65. Payroll taxes, wages, & attorney fees incurred during the debtor's pre-liquidation operation of its business provided benefit to the estate and should be paid from the secured creditor's collateral as administrative expenses

The court denied summary judgment on a § 523(a)(2)(B) complaint because of fact questions. The valuation of assets listed on the debtor's financial statements, and the bank's reliance on those valuations, would need to be explored at trial.

Lien priority dispute regarding leased livestock. Discussion of U.C.C. and Effective Financing Statements.

In light of the confusion regarding removal statutes after the 1984 amendments to the Bankruptcy Reform Act were enacted, the court ruled that applications to remove a state court action to federal court may be filed directly with the bankruptcy court

The debtor provided written financial documents containing inaccurate and misleading information to his lender, which relied on them in making loans to him. As a result, his debt to the lender was found to be non-dischargeable under § 523(a)(2)(B)

Farm debtors with distressed loans are covered by the protections of the Agricultural Credit Act of 1987, so lenders may not obtain rights that are unavailable to them outside of bankruptcy or take steps to enforce claims against property of the estate.