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Will Bankruptcy Work for Unpaid Taxes?

Will Bankruptcy Work for Unpaid Taxes?

The answer is maybe.  Depending on the type of tax, bankruptcy may erase/discharge the taxes.  If you owe federal income tax, then those taxes can be discharged/erased if it qualifies.  California income tax cannot be discharged/erased, along with...
Preparing for Bankruptcy

Preparing for Bankruptcy

If you have decided to file for bankruptcy, you should set aside 4 – 7 hours for gathering documents and reviewing your petition.  If you are incredibly organized, then obtaining the necessary documents will be quick; however, if you are like most of us, the...