In re Edwards

3 Citing cases

  1. Maitland v. N.J. Div. of Tax. (In re Maitland)

    531 B.R. 516 (Bankr. D.N.J. 2015)   Cited 8 times
    Holding that the One Day Late Rule creates a draconian result for debtors and renders other portions of § 523 superfluous

    While that is true, the parties have not cited the court to any binding authority on this issue, and the court's own research has not disclosed any. It is worth noting that the cases the Division of Tax relies on are also outside this jurisdiction and are both more than twenty-five years old. One of the cases the Division of Tax relies on is In re Edwards, 74 B.R. 661 (Bankr.N.D. Ohio 1987). That case was decided under § 523(a)(1)(A) and both its facts and reasoning have no bearing on this issue.The Division of Tax relies on Wood for the proposition that “11 U.S.C. § 523(a)(1)(B)(ii) is the product of Congress' balancing of competing interests between a fresh start for debtors and the importance of paying taxes to State and Federal government.” That statement is not wholly accurate.

  2. In re Vitaliano

    178 B.R. 205 (B.A.P. 9th Cir. 1995)   Cited 9 times
    Affirming trial court ruling that assessable taxes not within the definition of section 523(B) or (C) are allowed priority claims under 507

    In balancing the interests of the general creditors, the debtor and the tax collector, the treatment of tax claims was designed to give "governmental units a priority claim on assets of the debtor's estate for certain taxes which have not grown so `stale' as to constitute an unjustifiable burden on general unsecured creditors (who may have extended new credit to the debtor since the tax liability arose)."In re Edwards, 74 B.R. 661, 665 (Bankr. N.D.Ohio 1987) ( quoting Committee on Finance, S.Rep. No. 1106, 95th Cong., 2d Sess. 5 (1978)). V. CONCLUSION

  3. Etheridge v. State of Ill.

    127 B.R. 421 (Bankr. C.D. Ill. 1989)   Cited 8 times

    In the instant case, however, the State argues that it is not necessary to proceed to an analysis under § 523(a)(1)(B)(ii) (late filing) because the taxes at issue are less than three years old and are entitled to priority under § 507; thus they are excepted from discharge under § 523(a)(1)(A). The Debtors also rely on Edwards v. IRS, 74 B.R. 661 (Bankr.N.D.Ohio 1987), in which the IRS conducted an audit of the debtor's timely 1982 tax returns approximately three years later, and the debtor executed a consent to extend the time to assess the 1982 taxes until the end of 1986. The debtor filed for bankruptcy in July of 1986.