Discharge/Dischargeability

Aggressive Bankruptcy Planning Results in Loss of Discharge

An election for having a tax refund applied to the following year’s taxes can result in the loss of discharge.

Another Court Holds that Debts of Corporate Sub V Debtors Can’t Be Nondischargeable

Contrary to the Fourth Circuit, five bankruptcy courts have now held there’s no such thing as nondischargeability for corporate Sub V debtors. The question is now before the Fifth Circuit.

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