taxes

Bankruptcy News Briefs- 4/03

The month of April’s first news briefs are…

Bankruptcy Court Cites Achilles in Well-Heeled Analysis of Sovereign Immunity for the State Revenue Department

Supreme Court opens door (a bit) to argument that in rem foreclosures not covered by FDCPA

Taxpayers Could See IRS Improvements Under Bipartisan Bill

Consumers First Act, Aimed to Bring CFPB Back to Statutory Purpose, Passes in House Financial Services Committee

CFPB Releases 2018 HMDA Data

8 things to know about a reverse mortgage

Fox Business: What Seniors Should Know Before Taking a Reverse Mortgage

How Student Loans Impact Your Taxes

Education Dept. rejects vast majority of applicants for temporary student loan forgiveness program

Young Americans Faring Less Well in Credit Markets, New York Fed Report Finds

Bankruptcy Filings Indicate Times Are Tough For Many U.S. Farmers

House Holds Hearing on Proposed Expansive FCRA Changes

Arbitration Gets the Spotlight at Senate Judiciary Hearing

Looking under the hood of U.S. household debt

DON’T MISS NACBA’S UPCOMING LIVE WEBINARS!

Expand Your Practice with Chapter 12: A Chapter 12 Primer
Date: April 4, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Rebecca R. Garcia Esq., Chapter 13 Trustee (WI), Jan M. Sensenich Esq., Chapter 13 Trustee (VT) and James Haller Esq.
Register HERE

Chapter 12 is a powerful tool to assist debtors who qualify as farmers or fishermen. There has been an increase in chapter 12 cases filed across the country and there is a need for experienced debtors’ counsel to represent them. However many consumer attorneys are uncomfortable with chapter 12 cases because they are not aware of the different requirements and deadlines. This panel will bring you up to speed and give a primer on chapter 12 practice.

Why You Should Attend: You need to make more money and expanding your practice to include chapter 12 cases is a great opportunity.

Practice Pitfall Jeopardy: Practice Pitfalls and How to Avoid Them
Date: April 18, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Mary Beth Ausbrooks Esq., Jenny Doling Esq., Gene Melchionne & James Haller, Esq.
Register HERE

Don’t have a blooper reel for this year’s cases. This session will review common bloopers and how to avoid them in a game show format. Join our contestants who will be answering jeopardy type questions to win big prizes.

Why You Should Attend: Enjoy an actually fun way to learn how to deal with problem situations. Who will win the big candy bar?

Emerging Bankruptcy Technologies to Assist your Bankruptcy Practice
Date: June 6, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Rachel Foley Esq., Reed Almand, Esq. & James Haller Esq.
Register HERE

Busy bankruptcy attorneys are bombarded with technology choices – all promising great rewards but many coming at great expense. Learn about different technologies that can make your practice more efficient in time and cost.

Why You Should Attend: What faster way is there to improve your bottom line than being more efficient while increasing accuracy!

Bankruptcy News Briefs- 9/04

It’s September! We kick off this month with the following headlines…

’90s College Kids Are Middle-Aged And Still Juggling Student Loan Debt

Man terminates car lease under special promotion. Then a collection agency came knocking.

Why should you watch Brett Kavanaugh’s confirmation hearings? Here’s where he stands on key issues

How the Midterms Could Impact Medicaid

The financial problem that just won’t die: Student loans

IRS ruling on student-debt help could prompt other plans to act

Teachers, Already in Debt, Spend Money They Don’t Have on Their Students

It Might Be Hard for Millennials to Feel Like an Adult When They Struggle With Student Loans

Back-to-School Sadness: Top 10 Colleges Whose Graduates Hold the Highest Student Debt

Which Student-Loan Repayment Plan Is Right for You?

What happens to student loans when borrower dies?

California Puts Customers on Hook for Utility’s Wildfire Liability

REGISTER FOR NACBA’S SEPTEMBER WEBINAR!

How to Value Assets in Bankruptcy
Date: September 27, 2018
Time: 4:00 PM Eastern / 1:00 PM Pacific (60 Minutes)
Cost: $25 Members / $75 Non-NACBA
Presenters: Gene Melchionne, Esq. & Jim Haller, Esq.

What are the fastest least expensive methods to get accurate values for your client’s assets? Gene and Jim will discuss time tested methods to determine values on real estate, vehicles, and other property. Join us to learn how to save time and money while increasing the accuracy of your information.

SAVE THE DATES! MAY 16-19, 2019 #NACBATheLand

Bankruptcy News Briefs- 6/28

Check out this Thursday’s News Briefs:

You think you know bankruptcy, but you may be surprised

New lawsuit aims to refund consumers targeted in debt collection scheme

Student loan debt harms retirement, says AARP

Mulvaney-led U.S. CFPB slashes payday lender penalty: sources

They Think Their Student Loans Will Vanish. There’s a Problem

Some Judges Push to Ease Bankruptcy Rules for Student Loan Debt

Why Are Millennials Still Living With Their Parents?

REGISTER FOR NACBA’S LIVE WEBINAR HAPPENING TOMORROW!

Stump the Chumps
Date: June 29, 2018
Time: 3:00 PM Eastern / 12:00 PM Pacific (60 Minutes)
Cost: FREE Members / $25 Non-NACBA
Presenters: James Haller, Esq., Daniel Press, Esq., & Summer Shaw, Esq.

Join our popular quarterly program where you get to ask your bankruptcy law questions to our panel of experts. We will start with questions unanswered from our last session (see below) and take your questions. See if you can stump our chumps..

CHECK OUT OTHER UPCOMING NACBA LIVE WEBINARS!

Review of Ethical issues when Using, or Acting as, Coverage Counsel
in Bankruptcy Court and 341 Meetings.
Date: July 26, 2018
Time: 4:00 PM Eastern / 1:00 PM Pacific (60 Minutes)
Cost: $25 Members / $75 Non-NACBA
Presenters: Derek Lofland, Esq.

Have you ever used coverage (or appearance) counsel to represent your clients? Have you ever stepped in to help a colleague who can’t attend Court? Mr. Lofland routinely appears as coverage counsel in hundreds of cases and has spoken about this issue in April 2017 for the Chicago Bar Association. He will outline and discuss the legal and ethical requirements for appearance counsel.

Introduction to Chapter 11 Bankruptcy Practice for Consumer Bankruptcy Attorneys
Date: August 23, 2018
Time: 4:00 PM Eastern / 1:00 PM Pacific (60 Minutes)
Cost: $25 Members / $75 Non-NACBA
Presenters: Dan Press, Esq.

Have you been referring your Chapter 11 cases to outside counsel? Are you curious about the similarities and whether you can file these cases? Dan Press, a leading author and practitioner in individual chapter 11 cases, will present an introduction to chapter 11 practice involving consumer debtors. He will discuss when this chapter is useful, the similarities and differences to chapter 13 practice, and how to conduct a chapter 11 practice.

How to Value Assets in Bankruptcy
Date: September 27, 2018
Time: 4:00 PM Eastern / 1:00 PM Pacific (60 Minutes)
Cost: $25 Members / $75 Non-NACBA
Presenters: Gene Melchionne, Esq. & Jim Haller, Esq.

HAVE YOU SEEN THE LATEST CONSUMER BANKRUPTCY JOURNAL?

Don’t miss this issue which includes:

-“IRS Shake Up Happening in Bankruptcy Court”

-“Be Wary of Private Debt Collectors”

-“Brunner Test Does Not Require that Debtor Take Advantage of IBR”

-“NACBA Board of Directors 2018 Election Results”

BE SURE TO SAVE THE DATES FOR NACBA’S 27TH ANNUAL CONVENTION IN CLEVELAND!

Register for Taxes in Bankruptcy 2018!

Tax Discharge: Basic & Advanced Bankruptcy Solutions
Including 2018 Tax Reform Implications
VIRTUAL Taxes in Bankruptcy Workshop
LIVE Questions & Answers

Register HERE

This is not your grandfather’s tax and bankruptcy workshop. Join our expert panelists who will discuss new issues, cases and methods to address tax debt. From general discharging taxes in bankruptcy to automatic stays to tax case law and statutory updates to phantom real property gains and cancellation of debt income, this is exactly the type of CLE accredited seminar that can help expand one’s practice considerably! The panelists will present new information impacting your bankruptcy practice and cutting-edge case law not discussed or outlined at previous NACBA conventions or webinars. Establish a niche for yourself as a bankruptcy tax attorney.

Dates & Times

Part 1: Thursday, August 2, 2018, 3:00 PM to 6:00 PM EASTERN
Part 2: Friday, August 2, 2018, 3:00 PM to 6:00 PM EASTERN

If you cannot participate on either Thursday August 2 and or Friday August 3, the workshop will be recorded and accessible on demand. However, you MUST register prior to August 2, 2018.

CLE Credits

This workshop will accredited for continuing legal education credits. State approval and number of credits will be posted/ updated to this page as approvals are received. Attendees will receive certificate of completion.

Registration

NACBA Member Fee: $199
Non Member Fee: $349
Includes: Materials, CLE Credits, Certificate of Completion and Unlimited Viewing.

Register HERE

Presenters

For a full presentation outline visit: https://www.nacba.org/taxes-in-bankruptcy-2018/

#NACBA25 Highlight

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Do you enjoy a challenge? Then #NACBA25 will not disappoint you! Our convention planning committee has scheduled advanced topics presented by distinguished speakers to challenge and inform even the most seasoned bankruptcy practitioner. Here’s a look at the Advanced Topics that you’ll have the opportunity to attend:

Regulation X & Z Enforcement: New Tools for Consumer Attorneys: Provides an overview of federal Regulation X and Regulation Z and demonstrates how these laws can empower consumers and their counsel. The presentation outlines specific errors prohibited by these regulations. Presenters will walk participants through examples of actual Requests for Information and Notices of Error used daily by The Dann Law Firm.
Getting Paid Hourly Fee vs. No Look Fees: This panel will discuss when to use the “No-Look” fees and when not to, how to challenge Court assumptions about fees, and the best strategies to maximize your fees.
Know the Codes, Nuances, & Strategies of Taxes in Bankruptcy: A deep dive look into the complexities of taxes in bankruptcy.
Student Loans in Chapter 13:This panel will explore means of combining alternative, non-bankruptcy relief, including claims objections, administrative discharges and income driven repayment plans with your Chapter 13 practice to provide additional assistance for your clients and additional sources of revenue for attorneys.

Take a look at the full Schedule and start planning your days at #NACBA25!

Bankruptcy News Briefs 3/31

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News Making Headlines…

Federal Oversight of Debt Collectors Prompts Lawsuit

CFPB Shuts Down Student Loan Debt Relief Scam

Operation Allegedly Collected and Sold Phantom Debts

Veteran Reimbursed for Tax Collection Payment After Lengthy Battle

ACA Member CBE Group Defeats TCPA Claim Over Proprietary Dialing System

Consumer Advocates File Suit Against Dept. of ED for “Secret” Policies

Headline The ARM Industry Should Like to See: “Closing Time for a Fake Debt Collector”

COHEAO: Private Collection Agencies Provide A Critical Service In Maintaining A Strong Federal Student Loan Program

A Minefield of Risks for Taxpayers: New Report on the Perils Taxpayers Face from Unregulated Preparers, Lack of Fee Disclosure, and Tax-Time Financial Products,

HAVE YOU REGISTERED FOR APRIL’S WEBINAR?

Lessons from Harris v. Viegelahn
Monday, April 11, 2016, 60 minutes
3 PM Eastern / 2PM Central / 1PM Mountain / 12 PM Pacific

Presented by: Chief Judge Melvin S. Hoffman of the U.S. Bankruptcy Court for the District of Massachusetts, Tara Twomey of NCBRC and Brett Weiss, Esq. of Chung & Press, LLC

Registration deadline: 4/11/16 at 2PM Eastern.
$25 Member / $75 Non Member
Registration HERE

In Harris v. Veigelhan, the Supreme Court resolved a disagreement among courts over the question of whether a debtor or his creditors should receive funds derived from the debtor’s post-petition wages held by the trustee under a confirmed chapter 13 plan when the case is converted to chapter 7 in good faith. In a clear, concise, and narrowly focused decision the Court ruled in the debtor’s favor. Subsequently, some courts have applied Harris broadly to deny payment of debtor’s counsel in other circumstances.

This webinar will review the various post-Harris cases that have been decided and offer practical suggestions for ways in which debtor’s counsel can get paid in unsuccessful chapter 13 cases.

If you are unable to participate in webinar at scheduled time, register by 4/11/16 at 2 PM Eastern and you will receive recording, materials and discounted pricing. After 4/11/16, the webinar will be available in the NACBA Store.

48 DAYS REMAIN UNTIL #NACABSF 2016! HAVE YOU REGISTERED?

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Just Another Perk for You When You Attend #NACBASF…Free Professional Headshots

Isn’t time you update that ten-year old photo on your website, business card, Linkedin or bio? NACBA is providing attendees with a FREE professional headshot. Give your personal brand a boost with a professional headshot. After your photos are taken, you’ll be able to review and choose the final digital images emailed directly to you.

2 weeks left to Register at the Early Bird Rate.

EXHIBITOR AND SPONSORSHIP OPPORTUNITIES

NACBASF and NACBA’s Fall Workshop Summit is the perfect opportunity to be an exhibitor or sponsor to showcase your product. Learn more about how you can participate in the 2016 Prospectus.

VACATION AND EDUCATION!

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Why not mix a little work with a little play! Earn CLE while you have some fun at NACBA’s Fall Workshop Summit at Sea, October 7th-10th, 2016. The location might be unexpected, but the education provided aboard will be what NACBA members have come to expect from our educational programs. Save the Date and come sail away with NACBA!

KEEP YOUR NACBA MEMBERSHIP CURRENT

With so many exciting educational events and networking opportunities on the horizon don’t forget to renew your NACBA Membership! Renew Today!

Not a member of NACBA? Take advantage of all the benefits NACBA Members receive and Join NACBA Today!

Receive NACBA’s Bankruptcy News Briefs Automatically

Subscribe Today!

New NACBA State Chair Announced For Central California

Los Angeles Attorney Jenny Doling Tackles New Role Leading Education Program for National Association of Consumer Bankruptcy Attorneys

The National Association of Consumer Bankruptcy Attorneys (NACBA) announced that California attorney Jenny L. Doling of the Law Offices of Jenny L. Doling, A.P.L.C. in Palm Desert, California will serve as its new state chair representing the entire Central District of California, the largest district in the Country.

As NACBA’s state chair for the Central District of California, Doling will serve as the official liaison between the group’s leadership in Washington, D.C. and its member attorneys, bankruptcy judges, and other court officials in the state, as well as serving as a primary contact for local media regarding consumer bankruptcy issues.

Serving approximately 3,500 members in all 50 states and Puerto Rico, NACBA is the only national organization dedicated to serving the needs of consumer bankruptcy attorneys and protecting the rights of consumer debtors in bankruptcy.

Jenny L. Doling said: “I am honored to represent NACBA as the new State Chair for the Central District of California. NACBA’s unparalleled efforts to advocate for consumer bankruptcy debtors nationwide has brought about clear and necessary changes in an unbalanced financial industry. I look forward to working with NACBA in its efforts to protect the rights of struggling families, to advocate for better laws, and to bring members together for a stronger debtors’ bar.”

NACBA Executive Director Dan LaBert said: “Our leadership team is dedicated to continuing our mission in California to help to protect the rights of families in financial distress at a grassroots level. Our national membership is supported by a strong network of state chairs appointees. Jenny is a longstanding NACBA member and will make an excellent state chair in the Central District of California. We look forward to working closely with her to represent bankruptcy attorneys and their important policy objectives across a wide range of issues.”

Jenny Doling has been working with consumer debtors for nearly 20 years, and is licensed to practice law in California and Nevada. She has several reported cases in the Central District of California and the 9th Circuit BAP. Doling is a Professor of Bankruptcy Law for the California Desert Trial Academy. In addition, she is an active member of NACBA, and the California Bar Association. She also serves on the Board of the Inland Empire Bankruptcy Forum (IEBF). Doling is a frequent panel speaker at continuing education conferences for IEBF, NACBA, NACTT, and NCBJ.

Thank You #NACBACHI

Thank You NACBA Members, Speakers, Sponsors, Exhibitors & Staff for making the 23rd Annual Convention a huge success. See you all again in San Francisco 2016! ‪#‎NACBACHI‬

Why ‪#‎NACBACHI‬? FREE: 2015 COLLIER PORTABLE eBOOK ($245 value)

Why ‪#‎NACBACHI‬? FREE FOR NACBA MEMBERS: 2015 COLLIER PORTABLE eBOOK ($245 value)

Courtesy of NACBA & LexisNexis®, all attendees at the upcoming 23rd Annual Convention, April 23-26, 2015 in Chicago IL will receive the 2015 Collier Portable eBook. This edition gives you mobile access to the full text of the Code and Rules in one handy source. Convention attendees need to simply stop by the LexisNexis Booth to receive a redeemable coupon voucher for the complimentary eBook. This ebook is traditionally sold for $245, however, will be FREE for #NACBACHI attendees!

Still not convinced you should attend this year’s NACBA Convention, allow us to present the evidence:

– FREE 2015 Collier Portable eBook ($245 value)

– FREE Taxes in Bankruptcy webinar & materials ($249 member value)

– FREE copies of Bankruptcies and Money Disasters of the Rich and Famous (formerly “They Went Broke”) for not only attorneys but also clients. (Up to 12 copies per attendee. $12.95 per book value = $155.40)

– FREE Convention Audio & Presentation Materials to ALL Registrants. In the past, attendees would have to reach deeper into their pockets and purchase audio-only files for hundreds of dollars if they wanted to revisit any convention session. Not for this convention! ALL registered attendees will receive online access for three (3) months to review all AudioPoint™ recorded presentation files at no additional charge or registration price increase. (2014 NACBANYC = cost $447 for complete set of CD audio files).

– President’s Discount of $100. Missed the early bird discount? No problem. Per recent message from NACBA President Ed Boltz regarding recent developments in Student Loans and Chapter 13, he has personally offered a $100 discount off the current registration price of $795. You must email or fax your registration to NACBA and use code IDR695. This discount expires March 31, 2015.

– Included with your registration, CLE Credits. Up to 15 credits may be offered (depending on your state) including the often sought after Ethics credit.

$245 Collier eBook
$249 Taxes in Bankruptcy
$447 AV Convention Materials
$155 Bankruptcies Rich & Famous (12 copies)
Total Value: $1096

Current Registration Rate: $795
Apply President’s Discount IDR695 via email or fax of $100
Register Now: $695
@ NACBA2015.org
#NACBACHI

FREE: Taxes in Bankruptcy & “Bankruptcies and Money Disasters of the Rich and Famous”

NACBA’s 23rd ANNUAL CONVENTION
April 23-26, 2015, Chicago IL
“Bankruptcy in the 21st Century: Solutions to Problem Cases”

REGISTER NOW & RECEIVE TAXES IN BANKRUPTCY FREE!

In October 2014, over 425 attorneys took part in NACBA’s Virtual Workshop: Taxes in Bankruptcy. The treatment of tax debts is one of the more complicated areas of federal bankruptcy law, but the Bankruptcy Code offers substantial tax relief to tax debtors. From understanding tax rules to cancellation of debt income (pros & cons) to IRS penalties, audits, appeals, liens and levies, to client preparation and the fresh start initiative, this 6 hour webinar covered it all!

Register for NACBA’s 23rd Annual Convention by April 15 (Tax Day) and receive access to the Taxes in Bankruptcy 6 hour webinar plus workshop materials with your convention registration! This is a $249 member / $349 non-member value!

Already registered for #NACBACHI? No problem, you get access to Taxes in Bankruptcy too! Just email zach.manifold@nacba.org and request your FREE access to the Taxes in Bankruptcy webinar and material!

Please note, all four panelists from the Taxes in Bankruptcy webinar will be at #NACBACHI to answer any follow-up questions.

Per convention refund policy, any registration cancellation after the webinar has been provided will result in full cost of the Taxes in Bankruptcy webinar subtracted from refund.

OH WAIT, WE ARE NOT DONE YET…..

BANKRUPTCIES & MONEY DISASTERS OF THE RICH & FAMOUS FOR YOU AND YOUR CLIENTS!

In addition to the FREE Audio & Presentation materials AND the FREE Taxes in Bankruptcy workshop, all convention registrants will receive FREE copies of Bankruptcies and Money Disasters of the Rich and Famous (formerly They Went Broke) for not only themselves but also clients. Available at #NACBACHI on a first come, first serve basis and some restrictions will apply (up to 15 copies per registrant).

WHAT ARE YOU WAITING FOR?

Join your colleagues from Maine to California and Puerto Rico to Hawaii, for education designed to help expand your practice!

#NACBACHI addresses Bankruptcy in the 21st Century: Finding Solutions to Problem Cases.

Convention sessions will take a very in-depth look at Student Loans, Tax Booby Traps, Zombie Real Estate Apocalypse, Family Feud: the Intersection of Family Law and Bankruptcy, Creditor Warfare and Courtroom Techniques, Mindfulness and Mediation, How to Make Bank in Bankruptcy Using Social Media and Can You Be Found: Increasing Your Online Presence just to name a few!

Group Events available for purchase with your Convention registration. This year’s lineup includes a Chicago Architecture Foundation River Cruise & Private Lunch on Thursday, April 23rd and an outing to Cellular Field to catch the Chicago White Sox take on the defending American League Champs, the Kansas City Royals.

Travel discounts including flights, parking and airport transfers have been arranged for NACBA convention attendees.

Don’t wait – register TODAY at www.NACBA2015.org to take advantage of the above #NACBACHI promotions and special Convention rates at the Chicago Marriott Downtown Magnificent Mile!

There are four easy ways to register:

Call 800.499.9040 to speak with a member services representative
Visit 24/7 to register online at NACBA2015.org
Download this registration form and send check payment by mail to the address listed on the form.
Use this registration form and fax it back with credit card payment to 866.408.9515