Avoid Misuse of Your $1,400 Stimulus
Paying your stimulus money to various combinations of creditors, in the hopes of avoiding bankruptcy or before a planned one, is dangerous.
Best Use of Your $1,400 Stimulus? Bankruptcy!?
You no doubt have countless uses for the next stimulus payment. But if you're like some people the very best use is to file bankruptcy. Like who?
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.
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 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.