Blog Posts in July, 2009

Yes. Income tax debt can be wiped away in bankruptcy. The catch? The following requirements: Basic Requirements : 1. The taxes must have become due more than three years prior to the bk filing. This ...

If you file for bankruptcy, all collection activity by creditors must stop with a few exceptions. The part of the law governs this is called the “automatic stay”. So if a creditor is trying to collect ...