What Can You Do With Property Nobody Wants? Vest: Opportunities for Debtors and Pitfalls for Secured Creditors

Karl Johnson will discuss the recent trend of vesting real property in a mortgagee as part of a Chapter 13 Plan under 11 USC Section 1322(b)(9) over a secured creditor’s objection and examine emerging case law.


Governmental Personnel: Use campaign code “Government” to register at the discounted registration fee of $10
Bankruptcy Section Members: $20
MSBA Members (But Not Bankruptcy Section Members): $30
Non-MSBA Members: $35
Law Students: Free


Karl Johnson is an attorney with Hellmuth & Johnson PLLC.  His legal practice focuses primarily on bankruptcy law. He also has experience in general commercial litigation, often involving creditor-debtor disputes and collection efforts. Karl represents a wide range of clients including individuals facing financial difficulty, small business owners, large businesses, and institutional creditors.  He brings a broad range of experience to his practice thanks to his two years clerking for the Chief Bankruptcy Judge for the District of Minnesota and almost three years as staff counsel to the Standing Chapter 13 Bankruptcy Trustee for the District of Minnesota. Karl has appeared as attorney of record in thousands of bankruptcy cases and has successfully defended two appeals, one before the United States District Court for the District of Minnesota, and the other before the Bankruptcy Appellate Panel for the Eighth Circuit.  A magna cum laude graduate of the University of Minnesota Law School, Karl also has a M.A. in English Language and Literature from the University of Michigan, Ann Arbor.  He earned his B.A. in Liberal Arts from Sarah Lawrence College in Bronxville, NY.

CLE Credit:

1.0 Standard CLE Credit applied | Event Code: 233836