Jump to content

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 […]

Tax refunds and bankruptcy | A busy time of the year

Tax day Now that the holidays are over there isn’t much to look forward to between now and the summer months.  Sure, there’s Valentine’s Day (welcome back, House of Cards), St. Patrick’s Day (green beer!), and don’t forget to mark your calendars for March 1st, National Pig Day. But don’t overlook the importance of TAX […]

Bankruptcy Attorney Omaha – Top 5 list of Little Known Bankruptcy Facts that can HELP YOU!

There are just so many little known facts about bankruptcy that, if better known, could really help people suffering from financial problems.  I’ve compiled a quick list of topics that many of my clients were surprised to learn: 1.  Can taxes be discharged in bankruptcy? Answer:  Yes, sometimes.  The first rule is that  you can […]

This site is not intended to constitute legal advice, nor does it create an attorney-client relationship. The materials on this site are not guaranteed to be complete or current, and they should not be relied on as a substitute for legal advice. This site conveys general information related to bankruptcy law in Omaha, Papillion, Bellevue, Gretna, Council Bluffs and surrounding communities. If you are contemplating or involved in any matter in which legal advice or other expert assistance is required, the services of a competent professional should be sought. The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. This disclosure is required by rule of the Supreme Court of Iowa. Memberships and offices in legal fraternities and legal societies, technical and professional licenses, and memberships in scientific, technical and professional associations and societies of law or field of practice does not mean that a lawyer is a specialist or expert in a field of law, nor does it mean that such lawyer is necessarily any more expert or competent than any other lawyer. All potential clients are urged to make their own independent investigation and evaluation of any lawyer being considered. This notice is required by rule of the Supreme Court of Iowa.