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News and Articles
Beware: Prepetition Federal Tax Liens Attach to Pension Plans
2/13/2008
Bankruptcy professionals are often called upon to advise their clients about situations where a federal tax liability claim is discharged in a chapter 7 case, but where the Internal Revenue Service (IRS) had recorded a Notice of Federal Tax Lien before the Petition Date. While the tax liability will be discharged as to the debtor’s personal liability and will not attach to property acquired post-petition, the pre-petition lien remains attached to the pre-petition property of the debtor, including property claimed exempt, including pension plans.
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CCBA Petition - June/July 2007
7/1/2007
CCBA News and Notes for June/July 2007
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CCBA Petition - May 2007
5/1/2007
News and Notes for the CCBA for May 2007
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