In bankruptcy there are different categories of debt, different types of debt, secure debt is cars and houses. Unsecured debt is things like credit cards and personal loans and things that, there’s no specific property attached to. One of those types of unsecured debt is tax debt priority tax debt and what makes it priority […]
The good news is that bankruptcy does not affect your ability to succeed in the future. In fact, it clears out the, the baggage and the hangers-on that are keeping you from success in your future first social security is completely excluded from bankruptcy. It’s not income that the court can take. It’s not property. […]
State taxes are the same as a federal taxes, property taxes, anything like that, any governmental tax, debt, federal state, property tax from the county, all that could go in way in the bankruptcy. If it’s old enough now property tax is generally secured by the car that you’re paying a tax on. But if […]
Most people come into my office and they’re afraid of filing a bankruptcy. They think that people are going to, look down on them or that they’ve, they failed somehow but that’s not the case bankruptcy doesn’t mean that you failed bankruptcy means you’re taking action to fix the situation that you’re in to protect […]
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