Some time ago I wrote in great detail about personal Chapter 11 bankruptcy. In that post I discussed the application of one of the complexities of Chapter 11 bankruptcy to individual (as oppose...
Some time ago I wrote about discharging income taxes in bankruptcy. I subsequently wrote about discharging income taxes in bankruptcy for a tax year in which the debtor filed a return after the...
In this Christmas season children are eagerly awaiting prepackaged presents. That’s an odd locution, isn’t it? We usually refer to the gifts as wrapped rather than prepackaged. I chose ...
https://www.southerncaliforniabankruptcylawblog.com/2015/12/10/prepackaged-chapter-11-bankruptcy/
Some time ago I wrote about discharging income taxes in bankruptcy. I stated that there is a three-part test for determining their dischargeability, and started with the following executive sum...
Last Sunday, July 20, 2014, Liz Weston of the L.A. Times gave an interesting answer to a question posed by a reader of the newspaper’s Money Talk feature. Today’s post adds to Liz’s advic...
I recently had an email exchange regarding statute of limitations tolling in bankruptcy, with a friend who is a fellow bankruptcy attorney. My friend posed a couple of questions based on an int...
If you sell your home, can the cash proceeds be exempted using the homeowner’s equity exemption? That was the subject of two questions that a fellow bankruptcy attorney recently asked me. I...
The short answer to this is, yes. But as you may suspect from the fact that this post is considerably longer than one sentence, there is a good deal more to a thorough answer than that monosyll...
An ongoing source of distress for debtors is truly abusive debt collectors. Many of these alleged humans ignore the due process rights of debtors, lie, and break the law in their efforts to sha...
A fellow attorney, but not a bankruptcy attorney, recently asked me this question because he had a business client who wanted to use an involuntary bankruptcy filing to collect money from a judgm...