Monthly Archives: July 2009

Discharging Income Taxes in Bankruptcy

Generally, most people who file bankruptcy will not receive a discharge of their income taxes. Therefore, they will still have to pay the taxes even after the bankruptcy is complete. However, it is possible for some people to discharge income

Posted in Income tax

Connecting with Bankruptcy Filers

A bankruptcy discussion board called BKforum allows people who have filed bankruptcy or are thinking about filing bankruptcy to discuss their experiences. By sharing experiences, BKforum members provide support and information to each other. The forum contains a lot of

Posted in Credit scores, Lawyers and Law Firms

When is Chapter 13 the Better Option?

Some people want to repay their debt, but they are unable to afford the regular monthly payments. Others are behind on mortgage payments due to a temporary reduction in income. Some people have debt that is not dischargeable in a

Posted in Chapter 13 Bankruptcy, Creditors, Foreclosure Law

Filing Bankruptcy Without an Attorney

In an effort to save money, some people look into filing bankruptcy without an attorney. They either prepare the bankruptcy documents themselves or hire a bankruptcy petition preparer. However, bankruptcy is a complicated area of law and filing without the

Posted in Lawyers and Law Firms