Spouse Needs to Join Bankruptcy to Discharge Income Taxes, But Reluctant Because Has No Other Debts and Has Separate Asset
Finding the best way out of this seeming Catch-22 depends on a full understanding of your unique situation and your goals.
Married Couples’ Protection from the IRS under Chapter 7 and Chapter 13
Filing bankruptcy with or without your spouse, and under Chapter 7 or Chapter 13, may affect what protections you each receive.
The “Automatic Stay” in Chapter 7 vs. Chapter 13
Chapter 7 often protects you from creditors well enough. But if need be, Chapter 13 protects you longer.
The Most Important Choice in Bankruptcy
Chapter 13 costs much more than Chapter 7, takes about 10 times as long, so you do a Chapter 7 if possible, right?