Latest on the Bankruptcy Blog

Bankruptcy has long been an avenue for resolving debt burdens and debts otherwise causing an individual financial hardship. However, not all debts are equal and some have not been eligible for a debt discharge through bankruptcy. For example, some tax debts, unpaid domestic support payments, and student  loans are among those most difficult to obtain  … Read more

Businesses and families alike are experiencing the pain of inflation, and not just at the pump. Besides high gas prices, costs are rising around for everyday essential items from the costs of food to municipal expenses. The rise in inflation is not just a United States problem, as the high costs of energy and supply  … Read more

Debt collectors are notorious for harassment and intimidation when attempting to collect a debt. As a result, many consumers are often faced with harsh language and threats as collectors push every line to collect their money. Since the 1970s, there have been strict rules in place to govern debt collectors from crossing lines like making  … Read more

This week a California man failed to use his bankruptcy to wipe out old state income tax debts. The Ninth Circuit held that his notices to the state don’t amount to tax returns. Those notices weren’t tax returns that allowed him to eliminate his state tax debt as part of his Chapter 7 bankruptcy.  The  … Read more