Pre-Bankruptcy Tax Strategies
Get the maximum benefit from your bankruptcy against your taxes by following these sophisticated strategies.
Income Tax Refunds In a Chapter 13 Case
Chapter 13 gives you more flexibility about what you can do with your current income tax refund. As I said in my... Read More
The Benefits of a “Short Tax Year Election” in an Asset Chapter 7 Case
Your Chapter 7 trustee can use your unneeded assets to pay current-year income taxes if you split the calendar tax year into... Read More
Income Tax Refunds In Chapter 7 Bankruptcy
Can you keep your tax refund if you file a Chapter 7 case? It’s mostly a matter of timing. Here are the... Read More
Writing Off Income Taxes Forever through Bankruptcy
What income taxes can a Chapter 7 bankruptcy completely write off? Chapter 13 lets you pay off certain income taxes much more... Read More
Getting rid of taxes through a Chapter 13 bankruptcy requires you to complete a plan
A Chapter 13 case can be such a good tool for dealing with income tax debt, especially if you owe more than just a year or two of taxes. BUT, you lose those benefits if you don't successfully finish paying off the Chapter 13 plan. So, go into it only if you have both a burning desire to make it all the way, and a truly feasible plan with which to do so.
Kalispell Bankruptcy Lawyer – Don’t Hire One Without Considering The Following…
Looking for a Kalispell Bankruptcy Lawyer? Below are a few things you should consider prior to selecting one. Since the 2008 nationwide... Read More
Exemptions in Bankruptcy
Filing a bankruptcy does not mean you will lose all your property. Exemptions are provided to every person who files a bankruptcy, which... Read More
The Basics of a Chapter 7 Bankruptcy
Filing a bankruptcy is sometimes a sound financial option for individuals or businesses (“debtors”) that are over-extended, have tried financial counseling, cannot... Read More