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.
Avoid Income Tax Liens in Chapter 13
Chapter 7 can prevent future income tax lien recordings against your home, if the tax is truly dischargeable and you have a no-asset case.
Avoid Income Tax Liens with Chapter 7
Chapter 7 can prevent future income tax lien recordings against your home, if the tax is truly dischargeable and you have a no-asset case.
Prevent Future Income Tax Liens
Bankruptcy can prevent future income tax lien recordings against your home. The result: paying nothing on the tax vs. paying it in full.
Dealing with your 2018 income taxes through a Chapter 13 Case Filed in 2019
Do you expect to owe income taxes for the 2018 tax year? Starting January 1, 2019 you can wrap that tax into a new Chapter 13 payment plan.
Fun Tax Facts
Can anything about taxes ever be fun?! We honestly think this is interesting stuff. Happy April 15th!
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.
Home Sweet Home in Chapter 7 and Chapter 13
Bankruptcy protects your home. Both Chapter 7 and 13 do so, but which is better for you?
Bankruptcy Can Solve Your Debt Problems Even If You Can’t Write Off Every Debt
Don't disregard bankruptcy as an option just because it does not write off the debt which is your immediate headache. There's likely some good medicine for that headache after all.
Debts with Collateral–THE Fixation of Many Bankruptcies
Your vehicle loan, home mortgage, account at the appliance or electronics store, and maybe a debt that's resulted in a judgment lien--these debts with collateral are the ones that grab the most attention during a bankruptcy case. And that includes the attention of the creditors, very interested in "their" collateral.
Short Sales: Seldom Easy and Often Not What You Expected
A short sale of your home is sometimes your best alternative. But short sales often do not successfully close, and even when they do you may get a rude surprise.
