Table of Contents

• Jurisdiction: United States

Table of Contents

Introduction..................................................................................................................8

Chapter 1: Exceptions to Discharge....................................................................9

A. The Necessary Elements for Collateral Estoppel in Michigan Bankruptcy Adversary Proceedings.....................................................10

B. In re Colsen and the Circuit Court Split Defining a Tax "Return".........................13

C. When Acting in Good Faith Isn't Enough: A Taxing Decision for IRS..................17

D. To Fraud or Not to Fraud, That Is the Question......................................................22

E. Since When Have We Complained of Equal Treatment?........................................25

F. "What Were You Thinking?"...................................................................................28

Chapter 2: Exemptions & Protecting Debtor's Property..............................39

A. Fifth Circuit Walks Back on the Disappearing Exemption Case............................40

B. Steadfast in Denying the Homestead Exemption?..................................................45

C. Are Inherited IRAs Protected from Collection Under State Law?..........................49

Chapter 3: Strategies for Student Loans..........................................................54

A. Living in Borrowed Times......................................................................................55

B. Are Student Loans No Longer the "Third Rail" of Bankruptcy?............................61

C. Trekking Through the Quagmire.............................................................................66

D. Student Loan Considerations in Chapter 13...........................................................72

E. Code and Plan Compliance for Separate Classification Options in Chapter 13.....86

Chapter 4: Filing Trends.........................................................................................92

A. Dead-on-Arrival Cases (at Bankruptcy Court)........................................................93

B. Foreclosure Tuesday in Georgia..............................................................................99

C. The Changing Profile of Chapter 7 Filers.............................................................107

Chapter 5: Undisclosed or Unknown Pre-Petition Assets.........................114

A. A Debtor's Dilemma: Undisclosed...