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
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