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Can Taxes Be Discharged Through Bankruptcy?

Archive for November, 2012

Can Taxes Be Discharged Through Bankruptcy?

Are Taxes Dischargeable Through Bankruptcy?   Some taxes are dischargeable through bankruptcy, but some are not eligible for discharge due to the year the taxes are due and the timeliness of filing the taxes.  If income taxes are more than three years old, they usually can be discharged.  The three year time period is based […]

Can Debtors Be Arrested for Not Paying Their Debts?

Can Debtors be Arrested for Not Paying Their Debts?   Many debtors/clients inquire whether they can be arrested if they are unable to make payments on their debts.  Creditors sometimes threaten to come to their home and arrest them if they are unable to make their payments, even if they inform the creditor of their […]