Risks Now Reduced for Being Accused of Fraud for Cash Advances and Purchases of “Luxuries”
Because of financial tweaks to the Bankruptcy Code, as of April 1 you are a little less likely to have to repay some of your recent use of credit cards.
Jeffrey K. Greenwell
Federal Law Can Limit the Amount of Your State-Law Homestead Exemption
If you bought your home within 3 years and 3 months ago, bankruptcy law creates a maximum amount of homestead that you can exempt.
Filing “Chapter 20” to Defeat the Chapter 13 Debt Limits, and More
If you owe too much debt but still need the benefits of Chapter 13, consider "Chapter 20."
New Debt Limits Are Now in Effect in Chapter 13 Cases
As of April 1, you can owe more debt and still qualify for Chapter 13.
New Bankruptcy Dollar Amounts Effective April 1, 2013 Could Affect Your Case
Here is a summary of the changes. They apply only to new bankruptcy cases filed starting April 1.
File a Partial-Year Tax Return for All Income Taxes
To avoid owing income taxes April 15 of NEXT year, file a partial-year tax return and pay the tax on it through your Chapter 13 case.
Use Ch. 7 or Ch. 13 to Resolve Your Tax Debts
If you had struggled to keep a business open, but have decided to throw in the towel, there's a good chance you owe taxes. Here's how to deal with them.
Keep Running Your Business with Chapter 13
If you and your sole proprietorship business have fallen behind on taxes, Chapter 13 keeps you in business while solving your tax debt problems.
The “Automatic Stay” Applied to the IRS
The IRS is just another creditor that you can get immediate protection from by filing bankruptcy. With some exceptions.
Income Tax Refunds in Bankruptcy-Chapter 13
If you're filing an "adjustment of debts" Chapter 13 case, what choices do you have about your income tax refund?
Income Tax Refunds in Bankruptcy-Chapter 7
If you're filing a "straight bankruptcy" case, how do you keep your income tax refund?
Historical and Personal Facts about Income Taxes
With the income tax return filing deadline of April 15 now one month away, here is our effort at making taxes interesting.
Chapter 13 for All the Advantages it Gives You For Completely Resolving Your Income Tax Debts
If you can't discharge your income tax debt through Chapter 7, or make workable payment arrangements on your remaining tax debt, then Chapter 13 can be a good solution
Paying Part or All of Tax Debt via an “Asset” Ch. 7
Give gladly to your Chapter 7 trustee assets that you don't need, if most of the proceeds of sale of those assets are going to pay your taxes.
Chapter 7 Bankruptcy Helps You SETTLE Your Income Tax Debt
Even if a straight bankruptcy would leave you owing some or all your income taxes, it may position you well to settle those taxes with an Offer in Compromise.
