A lot of people wonder about how long a Chapter 7 case takes, so here is a recent case history. Case filed on June 30, 2022. The Court Trustee conducted the Meeting of Creditors on August 22, 2022. No creditors appeared and the Trustee asked questions which took about 10 minutes. The meeting was conducted by telephone, given that all … Read More
Have unfiled tax returns? Don’t Wait!
The IRS estimates that up to 10 million Americans have unfiled tax returns. Our office meets with many new clients with exactly this problem. Most of these come into my office stressed out after many sleepless nights worrying about their tax situations and how they’re going to handle it. Yes, good people can sometimes get into bad jams, so … Read More
Episode 5: Interview with Elder Law Attorney Dan Reimer
Listen to my interview of Dan Reimer, a Pittsburgh-area based attorney who specializes in estate planning and elder law. Dan can be reached at https://a-h.law/ and his phone number is 412-486-6624. 1:15 – IRS Officers working from home, focusing on non-filers 3:12 – Focusing on getting returns filed, then step 2 3:38 – Takes longer to process mailed in returns … Read More
10 Tips for Success on IRS Payment Plans
Around 15 million Americans owe back taxes to the IRS at any given time. Here are 10 tips to consider when you owe IRS back taxes: In order for the IRS to consider a payment plan, you must have filed all of your tax returns to date. Remember IRS Policy 5-133 which states that at the least, the last … Read More
Have unfiled IRS returns? 8 Tips for Your Tax Records
Getting Back on Track with Unfiled IRS Returns Somewhere around 5 million Americans have unfiled IRS tax returns. If you are self-employed or own a small business, then here are some tips to consider in terms of getting your income and expense records together. It can be difficult for some taxpayers because they may have moved and their financial records … Read More
Do You Need to File Bankruptcy? 5 Signs to Consider
Whether you should file bankruptcy is a important question, but here are some of the warning signs that you should consider. First, remember that there are no minimum debt amounts required to file a case. There are maximum debt limits in Chapter 13 cases, but I don’t often find folks in those situations. Here are some of the warning signs … Read More
Episode 3: Interview about the New Tax Law with CPA William Stunkel
Today on the show we reached out to CPA William Stunkel to understand more about taxation for business owners. He touched topics such as how to create a tax plan for your new business, the Do’s and Don’ts of self-employed tax deductions, and things to be aware of when starting a new business. It was wonderful and educational to have … Read More
Episode 2: How to Tackle Student Loan Debts: an interview with Student Loan Lawyer Chad Van Horn
Chad Van Horn is an attorney based in Fort Lauderdale, Florida. Chad focuses his practice on bankruptcy and student loan law. Chad stopped by the show to discuss student loan debts and various tips on how to go about managing student loan debt. Chad highlighted many principles surrounding federal and private student loans, how to resolve wage garnishments on your … Read More
Episode 1: Fixing Your Credit Rating with Credit Expert Chris McConville
Chris McConville is a nationally-known expert on credit reporting. He is the owner of Cure My Score, a Pittsburgh-based credit repair and restoration service that assists individuals who have credit problems. Chris has been certified as an expert witness in Federal court cases involving credit reporting and the Fair Credit Reporting Act. Show Notes 2:00 Basics of credit scoring 4:00 … Read More
Keeping Your Car in a Bankruptcy Case
It’s the rare American who doesn’t own a car. Nearly all of us need them daily to get to and from work or school. So, it shouldn’t surprise you that people going through bankruptcy must have a car as well. Fortunately, for folks who own older vehicles, it’s usually easy to protect those cars by using the bankruptcy exemption laws. … Read More