PBCBA BAR BULLETINS pbcba_bulletin_july2018 | Page 10

BANKRUPTCY C o r n e r Serial Filings May Have a Result Much Worse Than Losing a House JASON S. RIGOLI Beginning at 9:30 (or 10:00) a.m. on various days of the week, the judges for the bankruptcy court for the Southern District of Florida are holding motion calendars. Common among the disputes during the motion calendar are mortgagees arguing for relief from the automatic stay or objecting the re-imposition of a stay because the debtor, or debtor and a co-debtor, have filed successive bankruptcy cases to stop a foreclosure sale. Serial filings became a “litigation strategy” borne out of the financial crisis. This tactic may not be the “sword” debtors are looking for after all. On June 6, 2018, the United States Court of Appeal for the Seventh Circuit (the “