When personal debts become impossible to manage, filing for bankruptcy might be your only choice for getting your finances under control again. There are multiple types of bankruptcy filing options, but Chapter 13 bankruptcy is often the best path for individuals who...
Bankruptcy
Are my taxes dischargeable in a Chapter 7?
Chapter 7 bankruptcy is a tool that offers debtors a chance to wipe out certain debts. Certain debts, such as taxes, are not discharged under Chapter 7. Depending on your tax type, a Chapter 7 bankruptcy may discharge your tax debt. Income taxes If you meet specific...
3 considerations for filing bankruptcy without your spouse
If you are thinking of filing for bankruptcy, you might wonder whether your spouse also needs to file and what impact it could have on their finances. Being married does not mean you must file together, and there are several situations where you or your spouse might...
Preparing for bankruptcy
Preparing to go through bankruptcy can be fraught with challenges. And while you may experience multiple emotions about the process, it is essential to begin to get your financial and legal documents ready for your attorney. The following is a summary of what you may...
How are Chapter 7 bankruptcy and Chapter 13 bankruptcy different?
Financial setbacks can happen to anyone. While some people can recover from them quickly, others have difficulty managing the debts they incur from them. If you are struggling to pay off past-due bills, you may feel ready to file bankruptcy. Yet, you may not know...
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