Almost all attempts by creditors to collect debts are immediately stopped when you file bankruptcy. But here are some special exceptions.
If you are thinking about filing bankruptcy and have a tax refund coming, you can usually keep your refund if you get advice about doing so.
A tax lien may attach to something you own, worth less than the amount of the tax you owe. How can you get rid of that tax lien?
Income taxes can be legally written off in bankruptcy under the right conditions. With careful planning, you can meet those conditions.
You’re usually completely liable on jointly filed taxes, regardless of a divorce decree saying youâre not. But the IRS may give you relief.
Bankruptcy can be a surprising good way to solve your tax problems. But first, got to prepare your returns to get good advice about options.
You can’t keep your refund if you owe for another tax year. But if you discharge (write off) that tax debt, you can keep future refunds.
Keep your refund if it’s small (enough) or by not filing bankruptcy until spending that refund (wisely).
You can usually keep your tax refund(s), although doing so may take some maneuvering.
Yes, if you meet certain conditions you CAN legally discharge–permanently write off–federal and state income taxes.
Q&As about tax refunds, whether and when to file late tax returns, joint tax debts with ex-spouses, getting rid of tax liens, and more.
The October 15 extended tax filing deadline is now the new April 15 for many Americans. If you owe and canât pay, here are some solutions.
Chapter 13 hugely helps minimize the effect of a tax lien on older, dischargeable tax debts. But it also does wonders with newer taxes.
Bankruptcy can prevent a tax lien from being recorded. But even if one IS recorded before you file, Chapter 13 can particularly benefit you.
If you can’t afford your current IRS monthly payment plan, or are about to break it with a new year of taxes due, bankruptcy can save you.