Bankruptcy allows the discharge of tax debt. Three rules must be understood to determine whether or not tax debt may be discharged in a bankruptcy case. Bankruptcy has a pronounced effect on a person's financial state but typically provides a necessary fresh start for individuals...
A qualified bankruptcy attorney may provide valuable assistance throughout the entire bankruptcy process when an individual's financial circumstances necessitate the filing of a Chapter 7 or Chapter 13 bankruptcy case. When filing for bankruptcy, it’s important for all Northern California consumers to be aware that under some...
When consumers consider filing a bankruptcy case, it’s important to be aware of some basic information about the types of bankruptcies available. A knowledgeable bankruptcy attorney may further elaborate on the following information about the types of bankruptcies and answer any questions. *Chapter 7 A Chapter 7 bankruptcy, or...