[lbo-talk] Obama defends Republic workers

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Tue Dec 9 08:16:17 PST 2008



> Is there some combination with bankruptcy that would get around this?
> I mean, if your credit is fucked anyway... And I don't mean making
> the tax bill go away, I mean preventing it.

Yes, if you file for bankrupcy as part of getting foreclosed, the tax bill is discharged. But: that's very different (especially since the bankrupcy laws got "fixed" in the last few years) from "just walk away" -- which sounds like taking your dog to the forest and then getting back in the car and driving home.

/jordan



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