Tax in Bankruptcy

Southern Division Judge Finds That Joint Tax Return is Not Entireties Property

03/25/13

Several bankruptcy courts in Florida have held that an income tax refund payable to a husband and wife from their joint tax return is considered to be tenants by entireties money which is exempt if one spouse files Chapter 7 bankruptcy. Now, one bankruptcy judge disagreed and reached a different conclusion.

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How To Handle A Surviving Tax Lien After Chapter 7 Discharge

12/26/12

Old taxes may be discharged in Chapter 7 bankruptcy, subject to several conditions. Sometimes my bankruptcy clients contact me after they received their discharge and complain that there is still a tax lien on the title to their home even though they understood that the bankruptcy would discharge their IRS debt. Why is there still a tax lien if their taxes were discharged.

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