During the first months of 2016 your bankruptcy can write off more of your tax debts.
Think about filing bankruptcy in early 2016 if you had some extra source of money in mid-2015.
Bankruptcy can bring you financial peace. And in that process you will likely be treated with respect and good will.
We show how filing bankruptcy before the end of December could result in a much shorter Chapter 13 case.
Even bankruptcy cannot help if you drink and drive, cause an accident, and hurt somebody, damage property, or are fined.
Gift-giving, or selling for much less than actual value, can cause problems ahead of bankruptcy, but only if it’s a large gift.
You may have extra motivation and greater ability to repay a personally important debt this time of year. But maybe you shouldn’t.
If you can, don’t do cash advances during the holidays if you’re contemplating filing bankruptcy. If you do, understand the rules about them.
If you’re considering filing bankruptcy, try to avoid using credit cards to finance the holidays. But if you do, there are some extra risks.
We show step-by-step how filing bankruptcy before the end of December can enable you to qualify for Chapter 7 “straight bankruptcy.”
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Chapter 13 helps if you owe divorce debts, have personal property collateral, are behind on property taxes, or owe old and new income taxes.
We’re lingering in the Thanksgiving spirit by appreciating what Chapter 13 has to offer.