Month: February 2022
How does Chapter 7 bankruptcy affect your income taxes?
Income taxes stop for no one. Even after you die, someone will need to file a final income tax return for you. If you recently filed for Chapter 7 bankruptcy, you may wonder how it will affect your income tax filing this year. First, it’s crucial to understand that you are still responsible for submitting your
How do you define undue hardship concerning student loans?
If you want to discharge your student loans through bankruptcy, you need to claim they cause you “undue hardship.” The problem is, no one is sure what that means. Some people have succeeded in persuading a court they are suffering undue hardship and got their loans dismissed. Yet, generally, the court fails to find they
Will you lose your home as part of a Chapter 7 bankruptcy?
Bankruptcy can help those struggling financially relatively quickly. It can be a powerful debt solution that stops aggressive collection activity and even discharges the amounts you owe on unsecured debts. Despite these benefits, many people enduring financial hardship try to avoid bankruptcy. While filing for bankruptcy might benefit them, they have heard so many frightening
The truth about title loans
Like a lot of other Americans, you’ve struggled with your finances over the last few years. It seems like the bills keep getting bigger, and your resources keep getting smaller. The only real thing you have of value that you own outright is your car or truck. Should you consider a title loan? Title loans