Your Stimulus Check, Bankruptcy and the IRS

The federal stimulus package, which is also called the CARES Act, directs the IRS to send you a stimulus check. Under the CARES Act, your stimulus check is specifically exempt from being counted as income in your Bankruptcy case. However, once you file a Bankruptcy case, the expectation of your stimulus check and the actual […]

Read More

Bankruptcy Courts start to chisel away at the non-dischargeability of student loans:

Bankruptcy Courts start to chisel away at the non-dischargeability of student loans: Under the Bankruptcy Code, Congress created certain exceptions to discharge of debt.   Student loans are specifically excepted from discharge under Sections 523(a)(8)(A)(ii) and 523(a)(8)(B): “(a) A discharge under section 727,1141,1228(a),1228(b), or1328(b)of this title does not discharge an individual debtor from any debt— (8) […]

Read More