Most people are surprised to learn that incomes taxes may be discharged -- just like credit card debt or medical bills -- in a Chapter 7 bankruptcy. There are some hurdles in place, however, as the IRS is a powerful entity and the obligation to pay taxes is as old as the nation itself. Nonetheless, if these hurdles are overcome, tax levies can be removed, tax garnishments will cease, and the entirety of the tax obligation is extinguished.
April 19, 2012 Montgomery County Bankruptcy Attorney Notes Increased Subprime Lending As a bankruptcy lawyer in Montgomery County, Pennsylvania, the issue of post-bankruptcy credit rebounding is...
March 28, 2012 Montgomery County Bankruptcy Lawyer Notes Fixed-Rate Mortgage Rate Rise This Montgomery County bankruptcy attorney has learned that 30-year fixed mortgage rates have moved past...
March 15, 2012 Chester County Bankruptcy Lawyer Discusses Unemployment and Chapter 7 Less people sought unemployment benefits last week than in prior weeks, a sign of growing...
March 1, 2012 Montgomery County Bankruptcy Lawyer Discusses Filing A Bankruptcy Without an Attorney Is it legal to represent yourself in a bankruptcy? Yes. There are only a few...
February 16, 2012 Philadelphia Bankruptcy Attorney Discusses Exemptions One of the most common questions asked of Philadelphia Bankruptcy Attorneys is, "how much do...
February 9, 2012 Bucks County Bankruptcy: Student Loans Driving More To Bankruptcy In 1999, Congress took steps to make it significantly more difficult to discharge student loans...