Generally, in a bankruptcy proceeding the debtor’s pre-petition debts are discharged; taxes are unique in that most tax debts are not dischargeable. However, some tax debts may be dischargeable depending on the type of tax, how old the tax debt is, if the debtor filed a return, and the type […]
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Exceptions to Discharge in Bankruptcy
One of the benefits of the Bankruptcy Code is that debtors are able to discharge certain debts, and have a fresh start. A discharged debt means that the debtor is no longer liable for that particular debt. When a debtor files for bankruptcy under Chapter 7, 11, and 13, certain […]
Bankruptcy Appeal Determines Unknown and Unlisted Debts Are Discharged In Bankrupcy
Bankruptcy matters can be mentally and financially frustrating, especially when they involve the state court and bankruptcy court concurrently. Julie Camden of Camden & Meridew, P.C. recently litigated Muirs v. McWilliams, 517 B.R. 132 (S.D. Ind. 2014), in state and bankruptcy court, and successfully prevailed on her appeal in the […]