Online Workshop: 3 Hours
Date: Thursday, July 16, 2020, 3:00 PM – 6:00 PM Eastern
Cost: $99 Member / $175 Non Member
 
Join our expert panelists who will discuss new issues, cases and methods to address tax debt using the powerful provisions of the Bankruptcy Code. The panel will first address the rules and cases concerning the discharge of taxes in bankruptcy for the new practitioner or the experienced attorney looking for a refresher course. This will teach you how to identify the different taxes are owed and to apply the code and rules to determine if they can be discharged or impacted in the different bankruptcy chapters.
 
In addition, the panel will discuss more advanced topics including changes to tax law in the CARES Act and other legislation, the effect of late tax returns and how to help your client, and other tax law updates.

 

Why you should attend: You have to know the intricacies of taxes and bankruptcy to assist any individual in a bankruptcy. Protect your client and yourself, become the expert in your jurisdiction and expand your practice.

The Fifth Circuit held that the bankruptcy court improperly required a chapter 13 debtor to amend his plan to pledge 100 percent payment to unsecured creditors with no right to modify unless the modification likewise paid 100 percent or the debtor relinquished his right to discharge. Brown v. Viegelahn (In re Brown), No. 19-50177 (5th Cir. June 8, 2020).

Bob Lawless estimates that in the U.S. around 10 percent or 33 million people have filed a bankruptcy case at some point in their lives. Taking data from the Federal Judicial Center's Integrated Database for bankruptcy petitions Lawless asked for a count of the number of petitions each year from 2009-2018 where the debtor was an individual and had not filed bankruptcy previously, and how many of those cases were joint cases (filed with a spouse) to get a count of human beings and not cases. The results showed 11,709,609 individuals filed bankruptcy from 2009-2018.