Navigating Tax Debt – The Role of Pre-Bankruptcy Planning
By following 5 steps, you can discharge (write off) more of the income taxes you now owe.
Crucial Question: When Can I File Another Bankruptcy?
It's a matter of timing. And that timing depends on whether you previously filed under Chapter 7 or 13, and what you are filing under now.
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?
Failing to List Debt but the Creditor Knows about Your Case
Usually if you don'='t list a debt, it doesn't get discharged. An exception is if the creditor still learns about your case, on time.
Discharging a Student Loan in Bankruptcy
Writing off a student loan in bankruptcy requires showing "undue hardship." What is that?
Filing Bankruptcy in 2019 to Write Off More Income Taxes
With smart timing you can discharge--legally and permanently write off--more income tax debts, even with a standard Chapter 7 case.
Risks Now Reduced for Being Accused of Fraud for Cash Advances and Purchases of “Luxuries”
Because of financial tweaks to the Bankruptcy Code, as of April 1 you are a little less likely to have to repay some of your recent use of credit cards.
File a Partial-Year Tax Return for All Income Taxes
To avoid owing income taxes April 15 of NEXT year, file a partial-year tax return and pay the tax on it through your Chapter 13 case.
Use Ch. 7 or Ch. 13 to Resolve Your Tax Debts
If you had struggled to keep a business open, but have decided to throw in the towel, there's a good chance you owe taxes. Here's how to deal with them.
The “Automatic Stay” Applied to the IRS
The IRS is just another creditor that you can get immediate protection from by filing bankruptcy. With some exceptions.
Historical and Personal Facts about Income Taxes
With the income tax return filing deadline of April 15 now one month away, here is our effort at making taxes interesting.
Chapter 13 for All the Advantages it Gives You For Completely Resolving Your Income Tax Debts
If you can't discharge your income tax debt through Chapter 7, or make workable payment arrangements on your remaining tax debt, then Chapter 13 can be a good solution
Chapter 7 Bankruptcy Helps You with Your Income Tax Debt Even If It Doesn’t Write Off One Red Cent
Don't assume that just because your income taxes are too new to be written off that 1) bankruptcy can't help, or 2) only Chapter 13 can help.
Conditions to Meet for Getting Rid of Your Income Tax through Chapter 7
Here are the other three hurdles your tax debt has to jump over to be forever written of in bankruptcy
Getting Rid of Your Income Tax Debt through a Simple Chapter 7 Bankruptcy
Your tax debt has to jump over 4 hurdles to be forever written off in bankruptcy. But if it does, that tax is history.