Tax collectors are familiar with bankruptcy filings under Chapters 7, 11, and 13, but how many have seen a Chapter 12 bankruptcy? That section of the Bankruptcy Code allows “family farmers” and “family fishermen” to restructure their debts when facing financial distress. A Chapter 12 plan is desirable because it is often less expensive than a Chapter 11 plan, which is primarily aimed at large corporate reorganizations, and more beneficial to the
Chapter 12 Bankruptcy and Tax Collection
Tax collectors are familiar with bankruptcy filings under Chapters 7, 11, and 13, but how many have seen a Chapter 12 bankruptcy? That section of the Bankruptcy Code allows “family farmers” and “family fishermen” to restructure their debts when facing financial distress. A Chapter 12 plan is desirable because it is often less expensive than a Chapter 11 plan, which is primarily aimed at large corporate reorganizations, and more beneficial to the
Mind the Gap (Billing)!
No, not the gap that subway riders all over the world are warned about at every stop. I mean the gap between the time the NC registration for a motor vehicle expires and a new registration is issued for that … Read more
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Mind the Gap (Billing)!
Mind the Gap (Billing)!
During the final week of the recently adjourned 2017 legislative session, the General Assembly enacted S.L. 2017-193 (H161), “Divestment from Companies that Boycott Israel.” This legislation created a new Article 6G of Chapter 147 prohibiting the investment of state funds … Read more
During the final week of the recently adjourned 2017 legislative session, the General Assembly enacted S.L.
During the final week of the recently adjourned 2017 legislative session, the General Assembly enacted S.L.
In 2015, the General Assembly enacted the Iran Divestment Act (IDA), codified at Article 6E of Chapter 147 of the General Statutes, which prohibits state agencies and local governments from contracting with a company that the NC State Treasurer has … Read more
In 2015, the General Assembly enacted the Iran Divestment Act (IDA) which prohibits state agencies and local governments from contracting with a company that the NC State Treasurer has determined invests more than $20 million dollars in the Iranian energy sector (for more information on the IDA, see this blog post