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Category Leaders: Bankruptcy Tax
Recent Questions and Answers
Question: What happens if one spouse files for bankruptcy and the other does not?
Answer: [read entire answer]
 
Question: Will I lose my home if I file for bankruptcy?
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Question: Can I change from one chapter of bankruptcy to another?
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Recent Bankruptcy Tax News:  
About Bankruptcy - Google News

Bankruptcy judge approves the release of about $520 million to MF Global customers - Washington Post

Globe and Mail

Bankruptcy judge approves the release of about $520 million to MF Global customers
Washington Post
The judge overseeing the bankruptcy of collapsed MF Global Inc. has approved the release of about $520 million to trading customers of the brokerage firm whose accounts have been frozen since Oct. 31. US Bankruptcy Judge Martin Glenn issued an order ...
MF Global, Sumo, Dodgers, Giordano's, Lehman: BankruptcySan Francisco Chronicle
US bankruptcy judge approves release of about $520M in client accounts to MF ...CanadianBusiness.com
MF Judge Clears Transfer of 23000 AccountsWall Street Journal
Bloomberg -Reuters -BusinessWeek
all 587 news articles »


General Maritime Files for Bankruptcy After Freight Rates Slump - BusinessWeek

General Maritime Files for Bankruptcy After Freight Rates Slump
BusinessWeek
17 (Bloomberg) -- General Maritime Corp., the second- largest US owner of oil tankers, filed for bankruptcy protection from creditors after falling oil demand and a surplus of ships led to two years of losses. The New York-based company listed assets ...
General Maritime Creditor Group Objects to $75 Million Bankruptcy LoanBloomberg
General Maritime files for Chapter 11 bankruptcyReuters
General Maritime To File For Bankruptcy Protection - UpdateRTT News
Wall Street Journal -Reuters Africa
all 46 news articles »


Fox Fights Dodgers' Bankruptcy Case - Wall Street Journal

Newsday

Fox Fights Dodgers' Bankruptcy Case
Wall Street Journal
Fox Sports Net has asked a federal judge to dismiss the Los Angeles Dodgers' bankruptcy case, contending the team is solvent and using bankruptcy laws to avoid its contractual obligations. The move is part of the growing battle ...
McCourt abusing the bankruptcy process: Fox SportsReuters
Judge to weigh delaying hearing on Dodgers saleUSA Today
At ease, Kemp reclaims elite statusMLB.com
Forbes -Sacramento Bee
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Medicis Wins Graceway Bankruptcy Auction for $455 Million - BusinessWeek

Medicis Wins Graceway Bankruptcy Auction for $455 Million
BusinessWeek
18 (Bloomberg) -- Medicis Pharmaceutical Corp. won a bankruptcy auction for Graceway Pharmaceuticals LLC, a maker of skin treatments and asthma medication, with a $455 million bid. Medicis, based in Scottsdale, Arizona, still must obtain approval from ...
Medicis Wins Graceway Bankruptcy Auction for $455 MillionBloomberg
Medicis snags Graceway in $455 mln bankruptcy saleReuters Africa
Medicis Wins Auction for Graceway PharmaceuticalsMarketWatch (press release)
The IN VIVO Blog (blog)
all 20 news articles »


Harrisburg Bankruptcy Will Give the City 'Relief,' Schwartz Says - Bloomberg

Harrisburg Bankruptcy Will Give the City 'Relief,' Schwartz Says
Bloomberg
The City Council of Harrisburg, Pennsylvania, filed for bankruptcy Oct. 11, a move challenged by Mayor Linda Thompson and Governor Tom Corbett. A judge on Nov. 23 will weigh their claims that the ...

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Additional Bankruptcy Tax Resources:  

1. Publication 908 (7/1996), Bankruptcy Tax Guide
Responsibilities of the Individual Debtor · Election to End Tax Year · The
Bankruptcy Estate · Return Requirements and Payment of Tax · Example.


2. Publication 908 (Rev. July 1996)
Jul 1, 1995 ... bankruptcy estate. See Election to End Tax. If you are an individual debtor who
files ... this tax liability is not paid in the bankruptcy


3. Bankruptcy and Taxes: Discharging Tax Debts in Bankruptcy
Income tax debts may be eligible for discharge under Chapter 7 or Chapter 13 of
the Bankruptcy Code. Not all tax debts are capable of being discharged in ...


4. Protect your income tax refund in bankruptcy : Bankruptcy Law Network
Tell your bankruptcy attorney if you are expecting an income tax refund or
economic stimulus payment.



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