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May 11, 2022 News Bankruptcy AlertsReorganization & Bankruptcy
On April 21, 2022, the United States Court of Appeals for the Seventh Circuit ruled that City of Chicago parking tickets are judicial liens that can be avoided under Section 522(f) of the Bankruptcy Code. The ruling in City of Chicago v. Mance is the latest development in the series of decisions that have stemmed from the City’s aggressive tactics in collecting parking fines from drivers who file for bankruptcy.
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