Category Archives: Taxes

You Don’t Owe More Income Taxes When You File Bankruptcy

Someone sent me a 1099 for an old debt, but I’ve been through bankruptcy. Do I have to pay more taxes to the IRS?

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The Limits of Bankruptcy Discharge (VIDEO)

Filing for bankruptcy protection isn’t anyone’s first choice, but it can be one of the best things you can ever do for yourself when you’re in a seemingly intractable ...

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Eliminating Tax Debts in Bankruptcy

Most taxes can't be eliminated in bankruptcy-- but some can! You may hear radio commercials offering the hope of eliminating tax debts in bankruptcy. But it's not as simple as it sounds. Most tax debts can't be wiped out in bankruptcy -- you'll continue to owe them at the end of a Chapter 7 bankruptcy ...

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