Your Kalispell Bankruptcy Lawyer can Provide Special Protection for Your Co-Signers Under Chapter 13
Chapter 7 protects you and your assets with the automatic stay. Chapter 13 goes a big step further by also protecting your co-signers and their assets...
Looking for a Kalispell Bankruptcy Attorney prior to your divorce?
Looking for a Kalispell Bankruptcy Attorney prior to going through a divorce? Unfortunately, 41% of first marriages, 60% of second marriages, and 73% of third marriages end in divorce. Financial problems sometimes push couples towards divorce, while divorce often causes financial problems and/or bankruptcy. The typical causes of these financial problems through divorce are: The... Read More...
Are You Eligible for Chapter 7? Chapter 13?
Eligibility can turn on 1) who is filing the bankruptcy, 2) the kinds and amounts of debts, 3) the amount of income, and 4) the amount of expenses...
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 last blog, if you file a Chapter 7 bankruptcy after the beginning of the year when you’re due a tax refund, and before you receive and appropriately spend it, your trustee is going... 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 two: the pre-bankruptcy and post-bankruptcy “short years.” Let’s first set the scene. If you have substantial income tax liabilities, especially if they are spread over a number of years, Chapter 13 is often... Read More...