Chapter 7 and Chapter 13–An Income Tax Lien Secured by Equity in Your Home
If you have enough equity in your home to cover a recorded tax lien, to keep your home you must pay that tax. Hereâs how bankruptcy helps.
Chapter 7 and Chapter 13–An Income Tax Lien on Your Home
Which kind of bankruptcy to file depends on whether there is equity for the lien and whether the underlying tax can be discharged.
Chapter 7 and Chapter 13–Owe Both Newer and Older Income Taxes
If you owe more than 1 year of income taxes, some may be dischargeable and some may not. What happens if you owe both kinds?
Mistakes to Avoid–Selling Your Home Because You Owe Income Taxes
If you owe a bunch of income taxes, and have a tax lien on your home, it's tempting to try to fix everything by selling your home.
Making Sense of Bankruptcy: Important Exceptions to the Protections of the “Automatic Stay”
Almost all attempts by creditors to collect debts are immediately stopped when you file bankruptcy. But here are some special exceptions.
How Bankruptcy Handles . . . a Chapter 13 Plan of Paying Income Taxes
Here's an illustration how a Chapter 13 case would pay your taxes that you could not discharge (write off) in a Chapter 7 bankruptcy.
How Bankruptcy Handles . . . Income Taxes You Simply Can’t Afford to Pay
If you owe taxes that can't all be written off in bankruptcy, and you don't have the money to pay the rest, what can you do?
How Bankruptcy Handles . . . Income Taxes You Expect to Owe for the Current Tax Year
You can put into your bankruptcy case the taxes you expect to owe for a portion of the tax year, by filing a partial-year tax return.
How Bankruptcy Handles . . . an Income Tax Installment Agreement that You Are about to Break
It's quite easy to get into an IRS or state monthly payment plan, but what if you can't make the payments or you owe new taxes the next year?
How Bankruptcy Handles . . . Income Tax Levies
A tax levy is an abrupt way the taxing authorities make you to pay a tax, by taking your assets or income. Stop levies through bankruptcy.
How Bankruptcy Handles . . . Both Newer and Older Income Taxes at the Same Time, Those that Can Be “Discharged” and Those That Can’t
If you're behind on income taxes, covering more than one tax year, which is better: Chapter 7 or Chapter 13?
How Bankruptcy Handles . . . Income Taxes that Your Ex-Spouse Was Required to Pay but Is Now Paying through a Chapter 13 Bankruptcy Case
When it's good for you that your ex-spouse is filing a Chapter 13 case, and how to keep it good.
How Bankruptcy Handles . . . Income Taxes that Your Ex-Spouse Was Required to Pay but Has Now Written Off in Bankruptcy
What can you do if your ex-spouse is hiding from both you and the tax authorities behind a Chapter 7 bankruptcy?
How Bankruptcy Handles . . . a Pending Income Tax Refund under Chapter 13
If you file a Chapter 13 bankruptcy while you have a tax refund coming, you can usually put that refund money to a good purpose.
How Bankruptcy Handles . . . Pending Income Tax Refunds under Chapter 7
If you are thinking about filing bankruptcy and have a tax refund coming, you can usually keep your refund if you get advice about doing so.