M Zissis
08-05-2003, 09:15 AM
Does anyone know...If an IRS issue comes up after filing ch.11, but deals
with a pre-petition time period, can those taxes be owed?
Mike
with a pre-petition time period, can those taxes be owed?
Mike
View Full Version : Business chapter 11 question/taxes
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M Zissis 08-05-2003, 09:15 AM Does anyone know...If an IRS issue comes up after filing ch.11, but deals with a pre-petition time period, can those taxes be owed? Mike Brett Weiss 08-05-2003, 10:27 AM A corporation cannot receive a bankruptcy discharge, but creditors in a Chapter 11 are bound by the terms of the Chapter 11 Plan. If the taxes weren't scheduled or referred to in the Chapter 11, depending on the details of the case, they might not be dealt with. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** "M Zissis" <zis1@cox.net> wrote in message news:BB552620.355E%zis1@cox.net... Does anyone know...If an IRS issue comes up after filing ch.11, but deals with a pre-petition time period, can those taxes be owed? Mike * Find more information on Business Bankruptcy Laws. |
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