Making Sense of Bankruptcy: “Secured,” “Priority,” and “General Unsecured” Debts
Bankruptcy is about debts, and about how your different kinds of debts are handled under either Chapter 7 or Chapter 13.
Making Sense of Bankruptcy: What Happens if My Chapter 7 Trustee Wants to Take Something from Me?
You may or may not care if the trustee takes an asset from you, you can fight and/or negotiate, or you can benefit from letting it happen.
Making Sense of Bankruptcy: Curing Child and Spousal Support Arrearage
Unlike Chapter 7 "straight bankruptcy," Chapter 13 can legally prevent your ex-spouse/support enforcement from chasing you and your assets.
Making Sense of Bankruptcy: The Chapter 13 Payment Plan
Chapter 13 is all about what you can and can't do with your creditors in your court-approved plan.
How Bankruptcy Handles . . . Paying Both Income and Withholding Taxes for a Business Owner through Chapter 13
If you owe too much in taxes, a Chapter 13 case can protect your small business while you write off some and pay some of the taxes.
How Bankruptcy Handles . . . a Chapter 13 Plan for Paying Both Income and Property Taxes
Here'a an illustration how you could save your home if you were behind on your mortgage and property taxes, as well as income taxes.
How Bankruptcy Handles . . . Income Taxes You Must Pay, through a Chapter 13 Case
If you owe taxes that donât qualify for being written off in bankruptcy, how exactly would these taxes be paid under Chapter 13?
How Bankruptcy Handles . . . Unpaid Employment Taxes Allegedly Owed by a Non-Owner of the Business
You can be held liable for the IRS Trust Fund Recovery Penalty--all the unpaid employment taxes--without being an owner of the business.
How Bankruptcy Handles . . . Income Taxes that Your Ex-Spouse Isn’t Paying and You Can’t Write Off
If your divorce decree says your ex-spouse must pay jointly owed taxes but isn't, how do you protect yourself from the tax creditor(s)?
New Year Resolution #5: Solve Your Seemingly Impossible Child or Spousal Support Arrearage Problem, Once and For All
Get relief from what can be the most dangerous kind of debt. Support enforcement is very powerful. Fight back with something even stronger.
Crucial Question: How Much Do You Pay to Your Creditors in a Chapter 13 Case?
Under Chapter 13 some special creditors may be paid in full, while others are paid much less, sometimes even nothing. What determines this?
Crucial Question: How Does Chapter 13 Save Possessions that You’d Otherwise Lose in a Chapter 7 Bankruptcy?
If your possessions are not fully protected by the available property exemptions under Chapter 7, Chapter 13 can save the day.
October Tax Season: Why Should You Think about Bankruptcy If You’re Already Paying Your Overdue Income Taxes through an Installment Agreement?
If you can afford your monthly installment agreement with the IRS/state, it may be an appealing solution. But often not the best one.
Crucial Question: How Can I Use an Unprotected “Non-Exempt” Asset to My Benefit Even Under Chapter 7 “Straight Bankruptcy”?
Give your asset to the Chapter 7 trustee to pay a very special creditor. Either because you donât need that asset or itâs your best option.
The Extraordinary Tools of Bankruptcy: Recovering Money After It’s Garnished
If you lost money through garnishment during the 90 days BEFORE filing bankruptcy, that money may be returned to you or a favored creditor.