The November, 2009 issue of ABA Journal article entitled, The Bad-Debt Blues, explained the need to take federal taxes into consideration when restructuring debt as “crucial.” The article provides an excellent overview of the federal tax rules that apply to debt workouts, and focuses on the impact to individual debtors. (more…)
Posts Tagged ‘Bankruptcy’
Tax Consequences of Restructuring Bad Debt
November 28th, 2009 
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Posted in Bankruptcy, Contributor, Finance, Law, Tax Planning, Taxes 
Tags: Bankruptcy, Law, tax 
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