Resolving your tax debts through Chapter 13 “adjustment of debts” can cost you less than Chapter 7.
Tax Season: Have Your Chapter 7 Trustee Pay Your Income Tax Debt
You may have assets not protected by the property exemptions. If you owe recent income taxes, surrender the assets so the taxes get paid.
Tax Season: File Chapter 7 Bankruptcy and Then Settle Your Income Tax Debt
What if you can’t write off all the income taxes you owe with a Chapter 7 case but can’t afford to pay those taxes in a Chapter 13 one?
Tax Season: Pay Your Income Taxes by Discharging Your Other Debts
With interest rates low, it doesn’t cost all that much to pay back taxes in monthly installments. File bankruptcy so you can afford to do so.
Tax Season: Writing Off Income Taxes Forever is Usually Just a Matter of Time
To forever discharge a tax debt, technically you must meet each of 4 conditions. But practically speaking, you meet 2 of them automatically.
Tax Season: Clearing Up the Most Important Mix-ups about Bankruptcy and Income Taxes
Income taxes CAN be discharged under Chapter 7. Chapter 13 can be great with taxes BUT sometimes is neither necessary nor the best option.
Tax Season: The Many, Many Ways Bankruptcy Can Cure Your Income Tax Headache
Bankruptcy can do so much more than write off old taxes and buy time to pay newer ones. So if you owe lots of taxes, it’s worth considering.
Tax Season: The IRS is Only a Slightly Special Creditor As Far As You Getting Immediate Bankruptcy Protection
You are protected from the very powerful collection capabilities of the IRS during bankruptcy virtually as if it were just any other creditor.
Tax Season: What Really Happens to Your Future Income Tax Refunds during a Chapter 13 Bankruptcy
Don’t let what you’ve heard about “losing” your tax refunds be a factor in deciding whether to file a Chapter 13 “adjustment of debts.”
Tax Season: How to Keep Your Pending Income Tax Refund While Starting a Chapter 13 Bankruptcy
You can usually spend your anticipated tax refund on something important, but may first have to get permission from the bankruptcy judge.
Tax Season: How to Keep Your Income Tax Refunds in a Chapter 7 Bankruptcy
You CAN lose your income tax refund if you file a “straight bankruptcy” Chapter 7 case. But you can usually keep it with the right advice.
Good Reason to File Bankruptcy Now: To Permanently Write Off Non-Support Debts Owed to Your Ex-Spouse
No kind of bankruptcy will write off support debts. Chapter 7 straight bankruptcy won’t write off NON-support debts. Chapter 13 will.
Good Reason to File Bankruptcy Now: To Immediately and Permanently Protect Your Co-Signer through Chapter 13
Chapter 7 doesn’t stop a co-signed creditor from chasing your co-signer. Chapter 13 does. Now and forever.