Tax Problems? They Can Affect Your Personal Bankruptcy as Well So, you have decided to declare personal bankruptcy through chapter 13 and everything seems to be going well. It appears you have everything in order. There may be one little hitch though: you didn’t file a previous year’s tax return. How will this affect your [...]
So, you have decided to declare personal bankruptcy through chapter 13 and everything seems to be going great. It appears you have everything in order. There may be one little hitch though: you didn’t file a previous year’s tax return. How will this affect your case when you decide to declare personal bankruptcy? Unfilled Tax [...]
After the bankruptcy reform of 2005, declaring personal bankruptcy became a little more difficult for the average individual. For instance, credit counseling became obligatory. If you are interested in declaring personal bankruptcy, you may want to consider the new harsh reality of credit counseling and how it can affect your bankruptcy case. Declaring Personal Bankruptcy [...]
In years past, if your family found itself in a dire financial situation, the option of filing personal bankruptcy would leave you with a few things you could count on. These included the blot of bankruptcy on your credit report for seven year as well as the shame involved with declaring personal bankruptcy. Nowadays, with [...]