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NEW YORK/IMMOKALEE, Florida (Reuters) - America's leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year.
In this June 17, 2011 file photo, Los Angeles Dodgers owner Frank McCourt speaks to reporters outside court in Los Angeles. On Monday, June 27, 2011, the Los Angeles Dodgers filed for bankruptcy protection in a Delaware court.
For the Los Angeles Dodgers, going to the ballpark means business as usual — even if the once-proud franchise just filed for bankruptcy protection.
I saw this the other day but didn’t comment on it because I figured it would be reversed, but apparently the clerk of the bankruptcy court considering the Dodgers’ case had accepted a handful of fan letters into the official case file. They were anti-Frank McCourt letters, essentially saying “we want our team back, please…
Dear Bankruptcy Adviser, My question concerns back taxes . Obviously, they are a financial liability, similar to a debt. But I don't know whether taxes might be treated like a private debt in the event of a bankruptcy. That is, I don't know if they can be discharged.
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