The main reason that most people go bankrupt is to get their creditors off their back, and to be able to hold onto what they own. Plus, it is looked upon as a new start. All too often people enter into a bankruptcy under the assumption that every debt they own or that...
Has Debt Taken
Over Your Life?
Will a Bankruptcy Have any Effect on My Tax Return?
Every little bit of money counts when an individual is in a serious financial situation and is going to file for bankruptcy. If this sounds like you, then you may be expecting a tax return, but you don't know how this is going to affect your bankruptcy. Returns...
What Happens to Your Tax Debt in Bankruptcy?
To understand how your tax debt will be dealt with in a bankruptcy you first have to understand that there are two different ways to go about filing for bankruptcy. There is the Chapter 7 and the Chapter 13. Whichever one you are eligible for will determine how your...
Should You Pay Bankruptcy Debt With Your Tax Return?
As soon as you know the right decision for you is to file for bankruptcy, your next step should be in setting up a consultation with an experienced Kentucky bankruptcy attorney. Right from this point on you will feel a sense of relief that you are no longer alone...
What is Bankruptcy Abuse Prevention?
Most people that are in debt have not gotten into this situation intentionally. They may have started out financially stable and feeling secure extended themselves financially more than they should have. Unforeseen circumstances erupted and the debt was no longer easy...
Tax Refunds & Bankruptcy
When you are filing for bankruptcy the first thing you want is an experiencedIndiana bankruptcy attorney on your side. From the moment you make this financial decision you are now going to be faced with many additional decisions that could have a direct effect on the...