Montgomery County Tax and Bankruptcy Attorney / Alex Moretsky

🛡️ Facing a Pennsylvania Sales Tax Audit? Essential Small Biz Survival Guide
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Is Your Foreign Asset Reporting IRS-Compliant?
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No Implied Warranty of Habitability for Commercial Tenants in Pennsylvania

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The challenge of discharging student loans through bankruptcy and change in guidance has made it to the New York Times.

More Student Loan Borrowers Are Shedding Debts in Bankruptcy A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.

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EIDL Loans and Personal Liability Email from Moretsky Law Defenses Against Seller's Property Disclosure Home | About Us | Bankruptcy Law | Small Business Law | Tax Law Estate Panning and Administration | Client Testimonials | Blog | C

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EIDL Loans and Personal Liability
Defenses Against Claims of Seller's Property Disclosure
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This will make an already challenging task (getting in touch with the IRS) even more so.

Inside Trump’s War on the I.R.S.: Dropped Audits and a Skeleton Staff President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.

Stop the presses! The Supreme Court stayed the Purdue Pharma bankruptcy reorganization plan that provided full releases to the Sackler family from any and all liability even though none of them filed for bankruptcy. The Supreme Court may decide the controversial issue of third-party releases once and for all.

Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall | CNN Politics The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an “unprecedented” arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.

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Chapter 7 and Chapter 13 Bankruptcy: What are the Differences? Bankruptcy. Which choice is best for you? Home | About Us | Bankruptcy Law | Small Business Law | Tax Law Estate Panning and Administration | Client Testimonials | Blog | Contact July 2023 Newsletter

Well, it looks as though it is finally over. The Sacklers may have gotten away with it at a cost of $5.5 Billion. However, the issue of third party releases in bankruptcy - releasing those that did not file for bankruptcy from future liabilities - is still a controversial issue that has not been settled by the Supreme Court, yet.

Ruling clears way for Purdue Pharma to settle opioid claims, protects Sacklers from lawsuits A federal court ruling has cleared the way for OxyContin maker Purdue Pharma to settle thousands of legal claims over the toll of opioids. A three-judge panel of the 2nd U.S. Circuit Court of Appeals in New York on Tuesday overturned a lower court’s 2021 ruling that found bankruptcy courts did not...