From the IRS

All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes – Legally-married same-sex couples generally must file t heir 2013 federal income tax return using either the married filing jointly or married filing separately filing status.

Supreme Court Grants Cert

The Supreme Court has granted certiorari from the Seventh Circuit’s In re Clark, 714 F.3d 559 (7th Cir. 2013), which held that IRA inherited from someone other than a spouse was not exempt as a “retirement fund.” Clark v. Rameker, No. 13-299, 2013 WL 4776520 (Nov. 26, 2013).

From The Supreme Court

(Not password protected)

Lenders Miss Chance as U.S. High Court Housing-Bias Case Settles Discrimination Case Settles Credit Clips Blog Post by Alan White

Terminating An Employee

By Jack Gooding, Chapter 13 Standing Trustee for the Eastern and Western Districts of Arkansas

Terminating an employee produces conflicting emotions. I know it is the right thing to do for the operation, while at the same time; I have a personal relationship with my employees. I understand the huge impact losing their job . . . → Read More: Terminating An Employee

First, Find A Brick Wall

By Helen M. Morris, Chapter 13 Trustee for the Northern and Southern Districts of West Virginia

I love a good story—like the one debtor’s counsel shared with me a couple of months ago.

A good-old-boy attorney, he called the day before the hearing on my motion to dismiss for failure to maintain plan payments. . . . → Read More: First, Find A Brick Wall

Best Practices Report on Electronic Discovery (ESI) Issues in Bankruptcy Cases Is Now Available

By Richard L. Wasserman, Chair of the ESI Working Group, Venable LLP (Baltimore, MD)

Electronic discovery is a current hot topic in the litigation world, but surprisingly little has been written about it from a bankruptcy perspective in both the caselaw and commentary.  An ABA Working Group, comprised of attorneys, judges and academics from . . . → Read More: Best Practices Report on Electronic Discovery (ESI) Issues in Bankruptcy Cases Is Now Available

Academy Gains New Leaders

The Academy is delighted to announce that retired Bankruptcy Judge William Houston “Bill” Brown has accepted the position of Editor & Advisor to the NACTT Academy for Consumer Bankruptcy Education. Judge Brown retired from the bench in 2006 after spending 20 years as a United States Bankruptcy Judge for the Western District of Tennessee. . . . → Read More: Academy Gains New Leaders

Worth Mentioning Again . . .

Last week, two article links were of particular interest to readers so here is a second chance:

Trustee Fires Shot Across Bankruptcy Bar’s Bow Three Reasons Why Bankruptcies Are . . . → Read More: Worth Mentioning Again . . .

Regarding the Mortgage Settlement

Monitor Finds Lenders Failing Terms of Settlement

Banks Not Following Mortgage Standards

Disappointing Foreclosure Settlement

Still Time To Register for NACTT in New York City

Joseph A. Smith, Monitor of the Office of Mortgage Settlement will present a timely update and be available for questions on Sunday, August 4th.

Register . . . → Read More: Regarding the Mortgage Settlement

Supreme Court Accepts Cert in Homestead Exemption Case

Please Login to view this content. (Not a member? . . . → Read More: Supreme Court Accepts Cert in Homestead Exemption Case