Monthly Archives: March 2013

Dionne Warwick filing highlights effectiveness of bankruptcy against taxes

By doug | Published: March 27, 2013

Dionne Warwick has filed for bankruptcy. The 72 year old pop diva’s case was filed pretty far from San Jose — in the bankruptcy court in northern New Jersey. Big numbers always make big headlines in the financial pages, and Warwick’s has a whopper — $10 million dollars due for back taxes. Of this, $7 […]

Posted in Bankruptcy News, Taxes | Comments closed

rules on sucessive bankruptcy discharges clarified

By doug | Published: March 21, 2013

Massachusetts bankruptcy attorneys got an important clarification recently from U.S. Bankruptcy Court judge Melvin Hoffman on how much spacing there must be between bankruptcy cases for a debtor who wants a Chapter 13 discharge, but who has previously received a Chapter 7 discharge. This situation involves section 1328 (f) of the bankruptcy code, which bars […]

Posted in Bankruptcy News, Chapter 13, Chapter 7 | Comments closed

Aggressive moves by Mass. DOR shot down in bankruptcy court

By doug | Published: March 20, 2013

People behind on their Massachusetts state income taxes have an aggressive foe out there — the Massachusetts Department of Revenue. Mass. DOR has been taking some pretty far-out positions in court on bankruptcy cases filed by Massachusetts residents looking to discharge back taxes. Just recently, they argued in Judge Hoffman’s courtroom that all tax returns […]

Posted in Taxes | Comments closed

Do you have to pay a Chapter 13 trustee ten percent?

By doug | Published: March 4, 2013

When bankruptcy debtors file Chapter 13 cases, they have to pay a fee, or commission to the Chapter 13 trustee that administers their case. This is how the trustee gets paid. The commission is typically ten percent of the payments made through the plan. So if a debtor’s plan calls for a monthly payment of […]

Posted in Bankruptcy News, Chapter 13 | Comments closed
Call now: (978) 975 - 2608