Taxes were due prior to filing. They are discharged right?
Archive for September, 2013
Taxes were due prior to filing. They are discharged right? The answer is, it depends. Taxes and their dischargeability depend on the type of taxes, what tax year they are form, when they were filed, when they were assessed and whether they are now secured by any real estate. We will discuss the most typical […]
My car got repossessed. There is nothing I can do to get is back right? Wrong, depending on when you take action. You an often contact your creditor, make the payment to become current and they will return the vehicle. However, you probably do not have the money to become current or you would have […]
Can’t everyone do a Chapter 7 or a Chapter 13? The simple answer is no. The eligibility for a Chapter 7 is based on several things: Median Income for Household Size – The median income determines what a Debtor or Debtors can file a bankruptcy. Median income is determined by household size. The following is […]
Do I Need to Know All of My Creditors when I meet with an attorney about the bankruptcy for the first time?
Do I Need to Know All of My Creditors when I meet with an attorney about the bankruptcy for the first time? No. While policies may vary firm to firm, most offices will have you complete some sort of intake sheet upon arrival. This intake sheet will give the attorney some insight into your situation […]