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The bankruptcy court found that the lack of financial distress does not deprive  it of subject matter jurisdiction.Blog posts
By Ed Boltz, 15 March, 2024
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By Ed Boltz, 15 March, 2024
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By Ed Boltz, 14 March, 2024
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By Ed Boltz, 13 March, 2024
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The Longphres loaned KT Financial $330,000 by two separate promissory notes with 30% interest and specified â[a]ll accrued interest and unpaid principalâ was due one year after the notes were executed. The notes also allowed the Longphres to collect attorney's fees pursuant to N.C.G.S. § 6-21.2 if KT Financial defaulted. Â
Surprise twist-Â KT Financial defaulted.
By Ed Boltz, 13 March, 2024
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By Ed Boltz, 11 March, 2024
There's an argument that Chapter 13 Trustees should, at least in some plans, be sending debtors 1098s. Â
From the IRS instructions:
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By Ed Boltz, 10 March, 2024
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By Ed Boltz, 9 March, 2024
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By Ed Boltz, 9 March, 2024
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