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ABI Journal

Consumer Bankruptcy

Sometimes, a Federal Tax Lien Will Never Be Enforceable in Bankruptcy

Congress left a gap in the statute for perfecting a tax lien on personal property against someone who has no ascertainable residence.

A Tax Refund from Withheld Social Security Benefits Does Not Lose the Exemption

With little authority one way or the other, lower courts are split on whether Social Security benefits lose their exemption if withheld and later paid as a tax refund.

Corporate Officer Has a Nondischargeable Debt from the Company’s Fraud

Tenth Circuit insinuates that a debtor may have a nondischargeable debt even if the debtor did not personally benefit from fraud.