bankruptcy claims priority

Buy gold online - quickly, safely and at low prices

bankruptcy claims priority
How Long Must I Wait To Re-File Ch. 13 Bankruptcy Case?

Debtor has a 5 year plan to pay his portion (1/2) of back taxes from divorce (per decree). After 4 years, IRS now says plan must pay 100% of the taxes (get it back from wife, says IRS). Debtor cannot make a plan for 100% of priority claims over last year of Ch. 13 Plan.

If Debtor voluntarily (as opposed to involuntarily for failing to make payments) dismisses Ch. 13 action, how long must he wait to re-file. This is important, to avoid the interest and penalties (stayed during bankruptcy) from being applied and IRS issuing a tax lien (resulting in a secured claim).

The IRS is one of those exemptions for the most part. You can get more information at:
http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter13.html#discharge
and
http://www.totalbankruptcy.com/bankruptcy_basics_more_information.htm (they show on their timeline “Four Years Before Your Bankruptcy: You are not eligible for a discharge under Chapter 13 if you received a previous discharge under Chapter 7, 11 or 12 within the prior four-year period. If the prior case was a Chapter 13, you must wait two years before you are eligible for another Chapter 13 discharge”). Your only recourse may be to take your ex-spouse to cournt and get a judgement.


Creditors Rights in Chapter 11 Cases, 2010: Leading Lawyers on Identifying and Protecting the Rights of Secured and Unsecured Creditors During Chapter 11 Bankruptcy Cases (Inside the Minds)


Creditors Rights in Chapter 11 Cases, 2010: Leading Lawyers on Identifying and Protecting the Rights of Secured and Unsecured Creditors During Chapter 11 Bankruptcy Cases (Inside the Minds)


$110.00


Creditors’ Rights in Chapter 11 Cases provides an authoritative, insider’s perspective on representing the rights of creditors in today’s volatile financial market. Featuring partners from some of the nation’s leading law firms, these top attorneys provide the reader with a thorough understanding of the complex issues that are currently impacting creditors during reorganization proceedings, includ…

Creditors' Rights in Chapter 11 Cases: Leading Lawyers on Navigating the Reorganization Process, Exercising Creditors' Rights, and Understanding the Impact of Current Developments (Inside the Minds)


Creditors’ Rights in Chapter 11 Cases: Leading Lawyers on Navigating the Reorganization Process, Exercising Creditors’ Rights, and Understanding the Impact of Current Developments (Inside the Minds)


$110.00


Creditors Rights in Chapter 11 Cases is an authoritative, insider’s perspective on key strategies for evaluating and exercising creditors rights during the reorganization process. Featuring partners from some of the nation’s leading law firms, these experts identify the different types of creditors and the rights granted to each type under bankruptcy law. These top lawyers reveal their advice on r…

Proprietary Rights and Insolvency


Proprietary Rights and Insolvency


$121.98


This topical title explains the circumstances in which a creditor of an insolvent debtor can take priority over other creditors by claiming a proprietary interest in assets held by the debtor. It focuses on the situation where the proprietary interests are created by operation of law or implied from the arrangements between the parties, rather than by express transfer or taking of security. The …

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
Buy gold online - quickly, safely and at low prices

Leave a Reply