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
My video will explain the requirements for discharging (wiping out) IRS income taxes with a bankruptcy filing.
A recent client just called me today about her efforts to get a new mortgage after her bankruptcy discharge was granted. She and her husband had about $35,000 in credit card debt that they wiped out with a Chapter 7 bankruptcy filing. They filed their case in April 2011 and their case was approved, and they received their discharge … Read More