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.
Category Considering Bankruptcy
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.
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 point that if bankruptcy is even a possibility for you, please quickly get legal advice. We said you…
