Paying your stimulus money to various combinations of creditors, in the hopes of avoiding bankruptcy or before a planned one, is dangerous.
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?
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.
Bankruptcy timing can affect not only whether you must pay a tax debt but also whether you must pay certain tax interest and penalties.
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?
The timing of your bankruptcy case is important, sometimes extremely important. It can determine if your case is as successful as it can be.
How to know whether to delay filing bankruptcy when you're expecting new medical services and their medical debts? Here are two examples.