Since the Helping Families Save Their Homes Act of 2009 was signed into law by President Barak Obama in May of 2009, thousands of homeowners became eligible to modify their loans. While

Buying a car before filing for bankruptcy might be a good idea. However, as with all financial decisions that you are confronted with before or during the bankruptcy process you

When you are overwhelmed by debt, it can feel like you don’t have many choices. Continuing to pay interest only on your bills that never seem to go down can

Question: When is a tax return not a tax return? Answer: When it is filed late and you have filed for or are thinking about filing for bankruptcy. Chapter 7

Fraud is an intentional deception or misrepresentation made for personal gain or so that another will act on the deception to his or her legal detriment.  Fraud is a dishonesty

The means test was created to prevent debtors from abusing the bankruptcy system. Although bankruptcy is a public right, the legislature does not want people filing for bankruptcy that truly

Chapter 13 bankruptcy can be used by debtors who are partially able to pay some creditors. If the debtor is ready, willing, and able to pay creditors with extra money

If you are an employee who receives a salary from your employer for your labor, you are subject to paying taxes and subject to tax audits. A tax audit is

Debtors file for bankruptcy to have debts discharged in order to have a fresh financial start. The discharge prevents the debtor from having to re-pay debt that their financial future

An Offer in Compromise (OIC) is an agreement between the Internal Revenue Service (IRS) and a taxpayer that reconciles the taxpayer’s tax debt for less than what was originally owed. OIC’s may