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Scary new trend on wiping out tax debt in bankruptcy

The 2005 Bankruptcy Act is causing trouble in certain discharge of income tax cases. On October 17, 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) became fully effective as the law of the land.  This bankruptcy law update made enormous changes to people needing to file bankruptcy.  Strangely enough, even after being on […]

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