Bankruptcy Blog

Love & Money – What to consider when filing both bankruptcy & divorce

Many times financial problems lead to marital problems. When marital problems cannot be resolved and one or both parties decide a divorce is necessary, there are several decisions you must address before you take action. If you are considering filing for bankruptcy, you would want to consider whether both spouses should file a joint bankruptcy Continue Reading

UPDATE – IN A BANKRUPTCY, FILING YOUR TAX RETURN ON TIME IS NECESSARY

Update to Blog Post made August 23, 2015. October 24, 2016 – by W. Thomas Gilman On August 23, 2015, we posted a short article on the decision made by the Tenth Circuit Court of Appeals in In re Mallo, 774 F.3d 1313 (2014), cert. denied sub nom. Mallo v. I.R.S., — U.S. —, 135 S. Ct. Continue Reading

The NEW Student Loan Assistance Program – Everyday Scams

The NEW Student Loan Assistance Program – Everyday Scams My client received a check about student loan assistance in the mail, unsolicited, for $18,000! My client is an elderly woman, in her late 70’s. Her life is like a lot of my clients – filled with ups and downs. That’s why she’s my client. But she’s Continue Reading

If You Want To Have A Chance To Discharge Your Income Tax Liability, You Must File Your Tax Returns On Time

In some circumstances, it is possible to discharge in bankruptcy certain income tax liabilities, including the taxes themselves, penalties and interest. However, in a decision handed down on December 29, 2014 by the United States Court of Appeals for the Tenth Circuit (which is binding precedent for bankruptcy courts in Kansas), the court ruled that Continue Reading