Before exploring the status of any tax refunds, let’s be clear about taxes owed. If you owe taxes, that debt will not be discharged during bankruptcy, whether you file Chapter 7 or Chapter 13 unless 1) that tax debt more than 3 years old; 2)there was nothing fraudulent about the tax returns; 3) and the […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2020-02-26 09:26:142020-02-26 09:27:31Tax Returns and Bankruptcy: Do I Get to Keep My Refund in Bankruptcy?
If you are considering filing bankruptcy, or have already done so, you may be anticipating filing your taxes and wondering how taxes owed or refunds received will work into a bankruptcy proceeding. This post will explore how your tax return affects your bankruptcy. Before exploring the status of any tax refunds, let’s be clear about […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2020-02-07 10:32:042020-02-07 10:32:04Can I Keep My Tax Return During Bankruptcy?
There is nothing prohibiting a person from undertaking multiple bankruptcies. If you have already gone through bankruptcy and find yourself in financial difficulties again, you already know some of the advantages that filing bankruptcy brings. While there are no limits on the number of bankruptcies you can file, there are time frames you need to […]
There is no quick and easy answer to this question. Generally, if the lawsuit involves money or property, it will be temporarily suspended or dismissed. If it is primarily concerned with something else (child custody, for instance), it will not have any effect. When you file for bankruptcy, the bankruptcy court will enter an automatic […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2019-12-26 09:11:272019-12-27 13:00:21How Does Bankruptcy Affect A Lawsuit?
If you’re considering filing for bankruptcy, it’s important to plan ahead, whether it is Chapter 7 or Chapter 13 bankruptcy. There are a number of strategies that you can use to make sure that your bankruptcy work most effectively to eliminate your debt. Once your bankruptcy is complete, you want to have a completely clean […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2019-12-26 09:09:322019-12-27 13:01:10How to Prepare for Bankruptcy: What to Avoid Before Filing
You’re feeling overwhelmed. The credit card payments or medical bills are just too much to keep up with in addition to your car payments, student loans, mortgage/rent, and other monthly bills. You’re paying absurd monthly interest charges and never seeing the capital decrease significantly. It’s just impossible to keep juggling all your financial obligations. It’s […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Mike Burrhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngMike Burr2019-12-04 10:44:562020-01-16 10:56:32When Should I File for Bankruptcy? How to Determine if Filing is Right for You
Tax Returns and Bankruptcy: Do I Get to Keep My Refund in Bankruptcy?
/in Bankruptcy, Chapter 13, Chapter 7, Taxes /by Mike BurrBefore exploring the status of any tax refunds, let’s be clear about taxes owed. If you owe taxes, that debt will not be discharged during bankruptcy, whether you file Chapter 7 or Chapter 13 unless 1) that tax debt more than 3 years old; 2)there was nothing fraudulent about the tax returns; 3) and the […]
Can I Keep My Tax Return During Bankruptcy?
/1 Comment/in Bankruptcy, Chapter 13, Chapter 7, Taxes /by Mike BurrIf you are considering filing bankruptcy, or have already done so, you may be anticipating filing your taxes and wondering how taxes owed or refunds received will work into a bankruptcy proceeding. This post will explore how your tax return affects your bankruptcy. Before exploring the status of any tax refunds, let’s be clear about […]
Can You File Chapter 13 After Chapter 7?
/in Bankruptcy, Chapter 13, Chapter 7, Filing, Uncategorized /by Mike BurrMultiple Bankruptcies
There is nothing prohibiting a person from undertaking multiple bankruptcies. If you have already gone through bankruptcy and find yourself in financial difficulties again, you already know some of the advantages that filing bankruptcy brings. While there are no limits on the number of bankruptcies you can file, there are time frames you need to […]
Multiple Bankruptcies
How Does Bankruptcy Affect A Lawsuit?
/in Bankruptcy, Divorce Debt, Filing, Legal, Uncategorized /by Mike BurrThere is no quick and easy answer to this question. Generally, if the lawsuit involves money or property, it will be temporarily suspended or dismissed. If it is primarily concerned with something else (child custody, for instance), it will not have any effect. When you file for bankruptcy, the bankruptcy court will enter an automatic […]
How to Prepare for Bankruptcy: What to Avoid Before Filing
/in Bankruptcy, Chapter 13, Chapter 7, Filing, Uncategorized /by Mike BurrIf you’re considering filing for bankruptcy, it’s important to plan ahead, whether it is Chapter 7 or Chapter 13 bankruptcy. There are a number of strategies that you can use to make sure that your bankruptcy work most effectively to eliminate your debt. Once your bankruptcy is complete, you want to have a completely clean […]
When Should I File for Bankruptcy? How to Determine if Filing is Right for You
/in Advice, Bankruptcy, Filing /by Mike BurrYou’re feeling overwhelmed. The credit card payments or medical bills are just too much to keep up with in addition to your car payments, student loans, mortgage/rent, and other monthly bills. You’re paying absurd monthly interest charges and never seeing the capital decrease significantly. It’s just impossible to keep juggling all your financial obligations. It’s […]