PLEASE NOTE: We remain open and we are available for video conference, regular teleconference or in some limited situations will accept in person consultations.
PLEASE NOTE: We remain open and we are available for video conference, regular teleconference or in some limited situations will accept in person consultations.
Bankruptcy rarely discharges an individual's unpaid tax obligations. If you can prove an unusual financial hardship, however, the court may consider discharging certain tax debts. As noted by Credit Karma, taxes more than three years old could have a chance of ending...
There is a stigma about filing for bankruptcy that may prevent some people from seeking the relief they need. There is a persistent perception that people bring bankruptcy on themselves by living beyond their means. This is much less common than many people assume....
After discharge of your Chapter 7 bankruptcy, you are no longer responsible for paying off those debts. However, a record of the bankruptcy and your closed accounts still remain. Because there is still a record, bankruptcy continues to affect your credit score....
The biggest difference between Chapter 7 and Chapter 13 bankruptcy is you repay debts in Chapter 13 through a payment plan. This fact may lead some people to believe that makes Chapter 13 a better option. According to U.S. News and World Report, since both are still...
Even if you have a good health care plan, a trip to the emergency room may set you back hundreds or thousands of dollars. If you must stay in the hospital or undergo a surgical procedure, you may spend considerably more. When the medical bills arrive, you simply may...
You want to dig yourself out from under a mountain of tax debt, but maybe you do not know all your options. What if you could settle your debt for less than the full amount owed? The IRS explains how an offer in compromise works. Paying your full tax debt does not...
Under many circumstances, it is not possible to discharge tax debt during bankruptcy. For example, most chapter 7 filings require payment of tax debt first, making them a priority among other types of debt. Despite these standards, it is sometimes possible to...
Falling into debt often serves as one of the most difficult points of your life, and getting back out of it can take a lot of time and effort. Needless to say, once you get back out of it, you want to do everything in your power to keep from falling back. Some areas...
If you have large amounts of debt that you are struggling to pay, you probably are wondering what your options are. You may be considering bankruptcy but do not want to lose all of your assets. One option is Chapter 13 bankruptcy. To file, you must meet certain...
The Fair Debt Collection Practices Act (FDCPA) serves as a way to protect people like you from falling victim to unfair collection practices on the part of debt collectors. Unfortunately, they sometimes utilize underhanded, coercive or even threatening tactics in...
