TIP! You should avoid paying your taxes with credit cards and then immediately file for bankruptcy. In most states, this debt won’t be discharged, and you could end up owing the IRS a whole lot more. Learning more about the process of bankruptcy is, sadly, something that a lot more people have to do today. […]

TIP! Most people that file for bankruptcy owe a lot of money that they could not pay off. If this is your case, you should do some research about bankruptcy laws in your state. Bankruptcy is a complex process. All types of bankruptcy exist. The kind that you select depends on your finances and your […]

TIP! Before filing for personal bankruptcy, make sure you are doing the right thing. You can also avail yourself of other options, such as consumer credit counseling. It is easy for people to dismiss bankruptcy as an option for failures, until they are confronted with the need themselves. A financial catastrophe, like a major medical […]

TIP! Do not try to get clever by paying your taxes via credit card before you declare bankruptcy in an effort to dodge your tax burden. Generally speaking, taxes are not a dischargeable debt. Nowadays, more and more people are facing the sad reality that they have no choice but to file for bankruptcy. The […]

TIP! Ask yourself if filing for bankruptcy is the right thing to do. Consider any other options that are available to you, such as consumer credit counseling. Many people find themselves feeling unworthy, depressed or frightened when going through bankruptcy. They are very worried about paying bills and living day-to-day. There is always a way […]