Bankruptcy and the Eviction Moratorium
The CDC’s recent eviction moratorium order stopping all U.S. residential evictions gives you a new tool to use with some wise bankruptcy planning.
New Federal Eviction Moratorium
The Centers for Disease Control and Prevention (CDC) just asserted its COVID-fighting power to stop most residential evictions through 2020.
The Effects of an Income Tax Lien
Try to file bankruptcy before an income tax lien gets recorded. But if you can't, here are the effects of a tax lien under Chapter 7 and 13.
States’ Reactions to the President’s Unemployment Benefits Extension
How are states responding to Trump's Memorandum providing $400 (or maybe $300?) weekly extended unemployment benefits? It varies widely.
The President’s $400 Weekly Unemployment Benefits Extension
The President's Memorandum Providing $400 Weekly Unemployment Benefits from August to December Is Complicated.
Avoiding Income Tax Interest and Penalties
Bankruptcy timing can affect not only whether you must pay a tax debt but also whether you must pay certain tax interest and penalties.
Timing Chapter 13 to Discharge Income Taxes
Chapter 13 can discharge income taxes (write them off forever) if you wait long enough to file bankruptcy. Here’s how it works.
Timing Bankruptcy to Discharge Income Taxes
Usually you can discharge income taxes write them off forever by waiting to file bankruptcy long enough. Here's how it works under Chapter 7.
Timing Bankruptcy To Include All Debts
Bankruptcy includes all debts you owe at the moment of filing your case, not future debts. So how do you know when to file your case?
Timing Your Bankruptcy
The timing of your bankruptcy case is important, sometimes extremely important. It can determine if your case is as successful as it can be.
Paying Unpaid Child/Spousal Support before Bankruptcy
Before filing bankruptcy, you should know the implications of an unpaid child/spousal support debt. Payment may depend on whether you file Chapter 7 or 13.
Unfiled Tax Returns and Bankruptcy
If you're considering filing bankruptcy, should you first prepare and submit any unfiled income tax returns? Should you prioritize paying them?
More Actions to Take When Considering Bankruptcy
If you're considering filing bankruptcy, what debts can you incur and which should you avoid? What are the possible consequences?
Actions To Take When Considering Bankruptcy
If you’re considering bankruptcy, generally don’t sell or give away your possessions—including collateral—or use retirement money. Two weeks ago, we made the... Read More
Priority Debt for Driving While Intoxicated
If you injured someone by unlawfully driving while intoxicated, the resulting personal injury debt would be a priority debt in bankruptcy.