Law Office of Robert L. Firth March 4, 2019 Bankruptcy Writes Off (Some) Income Taxes Bankruptcy permanently writes off income taxes, as long as the tax meets certain conditions. For some taxes the conditions are easy to meet. Read More
Law Office of Robert L. Firth Feb. 25, 2019 Criminal Fines and Restitution Not Written Off in Bankruptcy Bankruptcy does not write off criminal fines or restitution. But it can help by writing off other debts so you can pay crucial expenses. Read More
Law Office of Robert L. Firth Feb. 18, 2019 Debts Not Written Off in Bankruptcy Most debts get written off—discharged—in bankruptcy. The only ones that aren’t are specifically listed in the Bankruptcy Code. Read More
Law Office of Robert L. Firth Feb. 11, 2019 Writing Off Debts with Bankruptcy Bankruptcy is about writing off or “discharging” debts. The timing of discharge is quite different in Chapter 7 and 13; both are permanent. Read More
Law Office of Robert L. Firth Feb. 4, 2019 Your Debts in Bankruptcy Bankruptcy is about debts. Different categories of debts are treated differently. The categories are secured, priority and general unsecured. Read More
Law Office of Robert L. Firth Jan. 28, 2019 If You Owe Both 2018 and Earlier Income Taxes Do you owe income taxes for the 2018 tax year AND already owe for one or more tax years? Chapter 13 may be an especially good tool for you. Read More
Law Office of Robert L. Firth Jan. 21, 2019 Include 2018 Income Taxes in A Chapter 13 Case Filed in 2019 Do you expect to owe income taxes for the 2018 tax year? Starting January 1, 2019 you can wrap that tax into a new Chapter 13 payment plan. Read More
Law Office of Robert L. Firth Jan. 14, 2019 Filing Chapter 13 in 2019 to Write Off More Income Taxes Chapter 13 is a riskier, longer, and maybe more expensive way to escape a dischargeable income tax debt—but may still be your best option. Read More
Law Office of Robert L. Firth Jan. 7, 2019 Filing Bankruptcy in 2019 to Write Off More Income Taxes With smart timing you can discharge—legally and permanently write off—more income tax debts, even with a standard Chapter 7 case. Read More
Law Office of Robert L. Firth Dec. 31, 2018 Disadvantages of a Badly-Timed 5-Year Chapter 13 Case Following up on last week’s scenario, here are the financial, credit record, and other disadvantages of a forced 5-year Chapter 13 plan. Read More