If you wish to file for bankruptcy only because of your tax liability, you should think twice. There are timing requirements that must be adhered to in order for your personal taxes to be dischargeable. Additionally, your credit history will be tarnished and you will end up paying more in the future for purchases you’ll be making on credit, assuming you can get credit at any price. Liabilities resulting from a failure to pay payroll taxes are not dischargeable in bankruptcy.
What Is the Potential Civil Liability? Are There Criminal Sanctions? When your loved one dies in a motor vehicle accide... Read More
Does the Length of Your Marriage Affect Your Eligibility for Spousal Support? Though it's less common than it used to b... Read More
What Is Primary Custody? How Do You Get Primary Custody? Can You Change Primary Custody? If you are considering or inv... Read More
How It Works