However, recent larger outstanding balances often don't qualify for elimination in bankruptcy, and neither do many specific ...

You might also file Chapter 13 if you owe a lot of back taxes, Rosenblum adds. How much of my debt will I have to repay if I file for Chapter 13 bankruptcy? That's impossible to say. It depends on ...

Question: My wife and I recently met with a bankruptcy attorney to see if we can get out from under a mountain of credit card debt and back taxes. Can we claim our tax debts as liabilities in my ...

Secured creditors are paid first, followed by unsecured creditors. If there is any money left, shareholders are paid.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it ...

For example, you cannot discharge taxes or child support ... since you will be paying back your debts, will usually allow you to keep your assets. But bankruptcy, where you will be eliminating ...

Additionally, many taxpayers owe back taxes and have no idea how to pay ... call instead of filing Form 9465 include those who are in bankruptcy and want to make an offer-in-compromise.

This is a type of bankruptcy where you still pay back your debts but in an organized ... People hire travel agents and tax accountants for the same reasons. Bankruptcy attorneys exist to help ...

When Uniondale, N.Y.-based Natalie Jean-Baptiste graduated from law school with a six-figure student loan debt, it never occurred to her that she wouldn’t be able to pay it back. 9 Key Practices ...

A federal bankruptcy judge heard arguments in the bankruptcy case of Colorado safety Shilo Sanders, son of Buffaloes coach ...

While some debts cannot be discharged, like taxes, student loan ... is unlikely to impact Chapter 7 bankruptcy proceedings. "Since the means test is looking back at the last six months before ...