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.
More Bankruptcy Benefits for Your Home
Other bankruptcy benefits for your home include protection against other liens—from judgments, income taxes, and homeowner associations.
More Fun Tax Facts–the Wealthiest 400
Found so much interesting about taxes that wouldn't fit into our last blog, so had to give you more. Such as the income and taxes of the wealthiest tax return filers.
How to File a Chapter 7 “Straight Bankruptcy” Even If You Make More than the “Median Family Income”
The amount of your income may not disqualify you from Chapter 7.
The Limited Power to Force a Creditor to Surrender Your Garnished Wages
Once garnished, that portion of your wages or salary is forever gone. With one exception.
The Collision between State Garnishment Law and Federal Bankruptcy Law
Bankruptcy quashes a garnishment, but only if it's filed in time.
Bankruptcy Stops Wage Garnishments Before They Can Hit You
Bankruptcy protects your paycheck because it's more powerful than a creditor's garnishment court order.
Residential Income Segregation Varies Widely Across the U.S.
Increasingly, the rich live among the rich, and the poor among the poor. Especially in the big cities of Texas. Less so in Miami, Cincinnati, Boston, Sacramento, and Portland.
As Middle Class Gets Smaller,More of Us Live in Income-Segregated Neighborhoods
Over the last 30 years in America, more of the rich are living among the rich, and more of the poor are living among the poor.
What is”Median Family Income”; If You’re Making More,Can You Still File Chapter 7?
If your family income is more than the "median family income," you may still be able to file under Chapter 7.
What Makes Your Bankruptcy Simple, and Not So Simple?
If your financial life is legally simple, your bankruptcy will likely be simple. What is is about your financial life that makes for a not so simple bankruptcy case?
Is Discharging a Student Loan Possible in Bankruptcy?
What does it take to write-off a student loan in bankruptcy? An "undue hardship." And that is a very tough standard to meet.
Are You Eligible for Chapter 7? Chapter 13?
Eligibility can turn on 1) who is filing the bankruptcy, 2) the kinds and amounts of debts, 3) the amount of income, and 4) the amount of expenses.