Bankruptcy Chapter 7 Tips

How Personal Bankruptcy Affects your Taxes (Part II)

In Part I, we looked at the two types of personal bankruptcy, Chapter 7 & 13, and the primary differences between each. Now we will discuss how a bankruptcy filing may impact your taxes. Here are some three common questions that often come up: Can Tax Debts be discharged through Bankruptcy? Under the current bankruptcy […]

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How Personal Bankruptcy Affects your Taxes (Part I)

In recent years, bankruptcy filings have continued at a brisk pace. Many consumers are still feeling the effects of the housing market meltdown in the late 2000s and the financial crisis of 2008. The resulting foreclosures and job losses have prompted millions to seek some form of bankruptcy protection. What is Bankruptcy? Bankruptcy can come

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