Property and possessions that you have a shared interest in can be the kind you don’t think of as yours for bankruptcy purposes.
During the first months of 2016 your bankruptcy can write off more of your tax debts.
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’re considering filing bankruptcy, try to avoid using credit cards to finance the holidays. But if you do, there are some extra risks.
Doing what you believe is the right thing can backfire, if you pay a special creditor before you file bankruptcy.
Give both you, AND your assets, a fresh financial start.
Income taxes can be legally written off in bankruptcy under the right conditions. With careful planning, you can meet those conditions.
If you’re careful it’s easy to avoid the rude surprise of hurting the friend, relative or other creditor you paid before filing bankruptcy.
By filing your bankruptcy after applying appropriate asset management strategies, you can save your assets and pay the right creditors.
When you file a Chapter 7 bankruptcy, most of the time you can keep whatever you own. These 10 bullet points will help you make sense of this.