Avoiding Paying Prior Employee Debt
If you prefer NOT to pay back present or prior employee debt, bankruptcy can help you use the law to prevent it from being a priority debt.
Paying Employee Debt in Chapter 13
If you prefer to pay back wages to a present or prior employee, you can do so in Chapter 13 especially well if that debt is a priority one.
Paying Employee Debt in Bankruptcy
If you prefer to pay employee debt, back wages, to a present or prior employee, bankruptcy can help you do so if you use the law in that employee’s favor.
Independent Contractor Commissions
If you owe sales commissions to an independent contractor when you file bankruptcy, it may be a priority debt. Here's what determines this.
Wages Owed to an Employee
If you owe employee wages when you file bankruptcy, that debt may or not be a priority. Here’s what determines this and why it matters.
Priority Income Tax Debts under Chapter 13
Chapter 13 gives you huge advantages for paying off your priority income tax debts. You're protected while you pay what you can afford.
Priority Debts in No-Asset Cases
Priority debts are largely unaffected by a Chapter 7 case--it does not discharge them, so you need to pay them after finishing your case.
Priority Debts
One of the most important aspects of bankruptcy is that all debts are not equal. "Priority" debts are treated special in a number of ways.
Your Debts in Bankruptcy
Bankruptcy is about debts. Different categories of debts are treated differently. The categories are secured, priority and general unsecured.