Do your 2018 taxes just add to your earlier income tax debts, making it all the more unmanageable? Chapter 13 may be your best solution. Last week we got into a big advantage of filing a Chapter 13 “adjustment of debts” case in early 2019. Doing so enables you to include 2018 income taxes into your Chapter 13 payment … Read More
During 2019 You Can Include 2018 Income Tax Debt in Chapter 13
If you owe 2018 income tax you can now include that tax into a new Chapter 13 case and payment plan. Have you been considering filing bankruptcy and now also expect to owe income taxes for 2018? If so, the start of 2019 gives you more reason to file a Chapter 13 “adjustment of debts” case. Why? Because … Read More
Get Rid of More Income Tax Debts through Chapter 13 in 2019
If you need to file a Chapter 13 case for other reasons, you can discharge more income tax debts in 2019 by timing it right. Last week we showed how to permanently write off (“discharge”) more of your tax debts through Chapter 7 “straight bankruptcy.” Today we show how to do this with Chapter 13 “adjustment of debts.” Why … Read More
Get Rid of More Income Tax Debts through Bankruptcy in 2019
Discharge more income tax debts through smart timing. You may be able to do so by filing your bankruptcy after certain dates of 2019. The right timing of the filing of a bankruptcy case can make a tremendous difference. Our last 8 blog posts have all been about smart timing. If you need to use the bankruptcy laws to … Read More