Legal Advice for “Liens in Bankruptcy” — 108 results
Written by attorney Paul W. Caprara, 8 months ago.
Under certain circumstances federal income taxes owed can be discharged in a Chapter 7 bankruptcy filing (see corresponding legal guide), however a federal tax lien that has been properly... more
Written by attorney Christine Adams, 6 months ago.
Personal Income Taxes frequently can be discharged in Bankruptcy, including both Chapter 7 and Chapter 13. Bankruptcy is one of the most powerful laws in the United States and when a... more
Written by attorney Frederick Walker, 5 months ago.
Payroll or employment taxes are comprised of the employer portion and the employee portion. The employer is required to withhold the employee portion from the employee’s pay check and remit... more
Written by attorney Ronald S. Cook, over 3 years ago.
Will bankruptcy discharge my past-due income taxes?
It depends whether you file a Chapter 7 or a Chapter 13.
A Chapter 7 debtor can wipe out federal income taxes if all the following... more
Written by attorney Gerald McNally, almost 5 years ago.
Make sure you filed your returns: If the IRS or state files a substitute return for you, they will assert you never filed a return and you may have to pay in Chapter 13. Keep good... more
Written by attorney Nathan Carr, about 1 month ago.
Income tax debt can be wiped out in bankruptcy. Many times, taxpayers and even some tax and legal professionals are not aware that income tax debt can be wiped out in bankruptcy. However,... more
Written by attorney Bernd Stittleburg, over 1 year ago.
So you think your clients tax debt has been extinguished by a bankruptcy filing? Perhaps. With regard to the IRS, provided that the debtor satisfied all of the prerequisites and that the... more
Written by attorney Roman Hammes, almost 2 years ago.
The dischargeability of HOA dues in a chapter 7 case requires a somewhat convulated explanation. First a pair ofimportant distinctions.There is a distinction between (a) HOA dues that... more
Written by attorney Michael Koplen, about 3 years ago.
Section 724 of the Code sets forth the treatment options for certain types of liens, including tax liens, in a Chapter 7 case. The trustee is granted the power to avoid certain liens... more
Written by attorney Marques Lipton, about 1 month ago.
This guide explains the requirements for avoiding a judicial lien on one's residence in a Massachusetts Chapter 7 Bankruptcy Case. What is a Judicial Lien? A judicial lien is a lien on... more