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Articles Posted in BANKRUPTCY

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IRS may not collect taxes on short sales or foreclosure sales – IRS tax attorney

Los Angeles Tax Attorney: If you are looking for information on the IRS voluntary disclosure or the IRS FBAR program you can visit here FBAR – Why file IRS Voluntary Disclosure or here IRS Voluntary Disclosure for FBAR If you owe a debt to a bank or any other creditor…

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Chapter 11 Bankruptcy – Torrance Based Mall Files Bankruptcy Business and Consmer Bankruptcy Filings Surge

Torrance Bankruptcy Attorney: Los Angeles based mall owner files for Chapter 11 business bankruptcy. According to Los Angeles Times article, one of the largest mall owners in Southern California with locations in Burbank, Northridge, Torrance and Carson has filed bankruptcy to reorganize its debt structure. Chapter 11 Bankruptcy filings and…

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Los Angeles Bankruptcy Attorney: Business and Personal Bankruptcy Law Firm Update

Los Angeles Bankruptcy Attorney United States Bankruptcy Court Los Angeles Bankruptcy Court Chapter 11 Business Bankruptcy Case: In re Brice Road Developments, LLC 6th Cir. BAP To calculate a cramdown interest rate in a chapter 11 case, where an “efficient market” exists, the market rate should be applied, and where…

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Los Angeles Home Foreclosure Attorney – Michael Jackson’s Home set for Foreclosure

Michael Jackson Behind on Mortgage Payments Los Angeles Tax Attorney- Los Angeles County Public documents shows Los Angeles based superstar Michael Jackson has failed to make mortgage payments on a Los Angeles home that he has used for many years. Documents do not show whether he is behind in his…

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Tax Problems for Los Angeles Mortgage Lender

As the housing market and the mortgage businesses continue to crumble, even the once wealthy mortgage lenders are facing tax problems. Los Angeles Tax Problems for Mortgage Brokers With the wave of recent foreclosure filings and bankruptcy filings in Los Angeles, Long Beach, Pasadena, Torrance and other areas of Los…

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Los Angeles Bankruptcy Filing Increase as Foreclosures Rise

Los Angles Bankruptcy Attorney – As Los Angles area bankruptcy and foreclosures sky rocket, the Bush administration and Congress are considering new proposals for the government to rescue hundreds of thousands of homeowners whose mortgages are higher than the value of their houses. Los Angles Bankruptcy Attorneys have noticed many…

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Los Angeles Bankruptcy Court Stops Foreclosure & Changes Mortgage Loan Terms

A bill introduced in the U.S. Senate last night will change the bankruptcy law to allow Los Angeles Bankruptcy Court Judges and Los Angeles Bankruptcy Attorneys to modify loans held by Los Angeles homeowners on the verge of losing their homes in Los Angeles and California through foreclosure. The amendment…

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