Pew Law Center

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 7: Bankruptcy Relief to Help Seniors Keep Their Homes During his Powder Springs, Georgia, speech on July 8, 2008, candidate Obama…more

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 6: Bankruptcy Relief Extended for Some Military Families In a July 8, 2008, speech to a Powder Springs, Georgia, audience, Democrat…more

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 5: No Bankruptcy Reform for Medically Distressed Debtors When an individual debtor files for protection from creditors under the U.S…more

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 4: No Increased Claim Limits on Unpaid Wages & Benefits in Business Bankruptcy As we discussed in Part 3, there were two essential…more

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 3: No New Bankruptcy Protections for Workers and Retirees While on the campaign trail, presidential candidate Barack Obama promised to…more

While campaigning, Obama promised to make credit card reforms to provide greater consumer protections for Americans, and he came through on this promise. The Credit Card Accountability Responsibility and Disclosure Act – the…more

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review: Proposed Chapter 13 Bankruptcy Reform Fails the American Dream When a consumer debtor seeks bankruptcy protection and debt relief through…more

By eliminating the “super discharge” in bankruptcy, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) significantly changed how taxes are discharged in bankruptcy. Why was the end of the super…more

This may come as a surprise, but even the IRS admits that taxes are uncollectible from taxpayers in certain situations. For some individuals, the IRS will permanently cease attempts to collect taxes. For others, the IRS will…more

Maybe you recently overheard some tax chatter in the break-room or at your local watering hole about the IRS’ offer in compromise (OIC) program. Word is out! The OIC is an effective way for delinquent taxpayers to seek a…more

A Chapter 7 bankruptcy is also known as a straight liquidation bankruptcy. Consumers often confuse this and falsely believe it means they have to liquidate or get rid of all their assets, like their house or car. In fact, it…more

Bankruptcy filings are a matter of public record, however, no one will know about it unless they intentionally look up your record or you tell them. It is highly likely only your attorney, his staff, and the actual court…more

The tax audit. If you have hypertension, the very concept can worsen your condition. Being prepared and anticipating what the Internal Revenue Service (IRS) will expect from you is key to managing the stress associated with a…more

A recent rule proposal from the Consumer Financial Protection Bureau (CFPB) walks the line between preserving bank profits and strengthening consumer protection. The CFPB was established by the Dodd-Frank Wall Street Reform…more

Did you know that the Chapter 7 Liquidation continues to be the most sought after form of bankruptcy protection for the consumer debtor? There are at least three reasons for this: First, Chapter 7 provides a predictable and…more