Atlas Biologicals Seeks Order Preventing Discharge of Debt in Bankruptcy
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"National Guard and Reservists Debt Relief Extension Act of 2023" Signed into Law
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IRS Standard Deduction for Housing Can Be Taken Without Mortgage or Rent Expense
Official Form 122C-2 could be read to deprive a chapter 13 debtor of the IRS standard housing deduction when the statute permits the deduction.
Court:
Former Hollywood-Based Anti-Poverty Nonprofit CEO Sentenced to Six Months in Federal Prison for Embezzlement and Cheating on Taxes
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Dismissing a Divorce Action Didn’t Result in an Unauthorized, Post-Petition Transfer
An inchoate interest in property created by filing a divorce action doesn’t survive dismissal of the divorce action, the Tenth Circuit BAP says.
Court:
Suburban Moms Face Financial Ruin after Buying into Boutique Fitness Franchises
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Debtor May Amend a ‘13’ Plan to Modify the Treatment of a Secured Creditor’s Claim
Chicago Bankruptcy Judge David Cleary followed a decision by then-district Judge David Hamilton and “respectfully” disagreed with decisions by two predecessors on the same bankruptcy bench.
Scheduling a Home with a Low Value Didn’t Protect a ‘13’ Debtor When It Was Sold
In the Fourth Circuit, creditors are compensated when there is a ‘substantial improvement’ in a chapter 13 debtor’s financial condition.