Recognition of “Debt Modification Income” Following Consumer Bankruptcy Reform — footnotes

¹P.L. 109-8.

²BAP ’05 Section 102(a)(2)(B)(i)(III).

³BAP ’05 Section 102(a)(2)(C).

⁴BAP ’05 Section 201(a).

⁵See Glenshaw Glass Co., 348 US 426 (1955).

⁶Kirby Lumber Co., 284 US 1 (1931).

⁷Jose Gracia, TC Memo 2004-147.

⁸Dudley B. Merkel and David A. Hepburn, 109 TC 463 (1997).

⁹See 11 USC Section 101(32).

¹⁰See BAP ’05 Section 224.

¹¹See BAP ’05 Section 225.

¹²See BAP ’05 Section 323.

¹³Merkel and Hepburn, note 8 supra.

¹⁴Id.

¹⁵David Zarin, 916 F2d 110 (3d Cir. 1990).

¹⁶Layne E. Preslar, 167 F3d 1323 (10th Cir. 1999), rev’g TC Memo 1996-543.

¹⁷Zarin, note 15 supra.

¹⁸Rev. Rul. 92-99, 1992-2 CB 35.

¹⁹See, e.g., Gregory Paul, TC Summ. Op. 2002-149.

²⁰See Judith M. De Shon, TC Summ. Op. 2005-117.