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Chapter 7

Jul 3, 2013

Bankruptcy Court judges split over state tax dischargeability

Lawyers say a split in the U.S. Bankruptcy Court over whether tax liability from late-filed state income tax returns are dischargeable in bankruptcy is creating uncertainty and making it difficult to advise debtors on how to proceed.

Feb 11, 2013

Bankruptcy filings continue decline in 2012

In a continuation of the downward trend that began in 2011, bankruptcy filings in federal courts declined during calendar year 2012, according to data released by the Administrative Office of the U.S. Courts.

Dec 21, 2012

New Dept. of Labor rule would speed retirement payments from bankrupt firms

A new rule proposed by the U.S. Department of Labor would make it easier for trustees of companies in Chapter 7 bankruptcy to distribute assets from its retirement plans.

Nov 12, 2012

3rd Circuit: Bankruptcy trustee must return money upon conversion

A bankruptcy trustee was required to return money acquired post-petition upon the conversion of the debtor’s plan from Chapter 13 to Chapter 7, the 3rd Circuit has ruled in affirming judgment.

Dec 21, 2011

Kenosha lawyer charged with conspiring to commit bankruptcy fraud

Federal prosecutors in Milwaukee on Tuesday indicted a Kenosha lawyer who allegedly helped launder $95,000 from a bankruptcy court, trustees and creditors.

Aug 17, 2011

U.S. Courts: Bankruptcy filings continue to rise

Individual bankruptcy filings continue to rise, according to the latest annual report of bankruptcy statistics from the Administrative Office of the U.S. Courts.

Jul 26, 2011

Bankruptcy filings down in Wisconsin

MADISON, Wis. (AP) — Bankruptcy filings are down this year in Wisconsin, but experts say it’s too soon to take much comfort in the numbers. U.S. Bankruptcy Court records show filings fell about 8 percent during the first half of the year, compared to the same period last year. About 14,700 bankruptcies were filed through […]

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