Potential benefit to unsecured creditors from the Worker, Homeownership, and Business Assistance Act of 2009

There is something for everyone in the suitably named Worker, Homeownership, and Business Assistance Act of 2009–including potential recoveries for unsecured creditors of a debtor reorganizing or liquidating pursuant to the United States Bankruptcy Code.

Background

Filed under:
USA, Insolvency & Restructuring, Tax, Lowenstein Sandler LLP, Debtor, Unsecured debt, Interest, Taxable income, Debt, Liquidation, Tax return (USA), Troubled Asset Relief Program, Internal Revenue Service (USA), Title 11 of the US Code
Authors:
John L. Berger , Sharon L. Levine , Cassandra M. Porter
Location:
USA
Firm:
Lowenstein Sandler LLP