Income tax can, in some instances, be discharged in a personal bankruptcy. In order for income taxes to be dischargeable, the tax returns had to have been filed at least two years prior, and the same amount of time would have to have gone by before they can become dischargeable.

Income tax can, in some instances, be discharged in a personal bankruptcy. In order for income taxes to be dischargeable, the tax returns had to have been filed at least two years prior, and the same amount of time would have to have gone by before they can become dischargeable.

What Are The Exemptions For Bankruptcy In Florida?

In a Chapter 7 case, in order to obtain the benefit of the discharge, meaning the wiping out of the debt, the tradeoff that the federal government has set is that a consumer is limited on the amount of assets they can keep. The exemptions are the list of property that comes from state and federal law, which says which things you are allowed to keep. In Florida, the abbreviated list includes your homestead or primary residence, a certain allowance of personal property, which includes basic household goods, a limited allowance of vehicle equity, retirement funds, and some other assets. In cases outside of Chapter 7, such as Chapter 13, you are allowed to keep all of your assets, but the exemptions may affect your monthly repayment plan.

Michael Ziegler, Author at Debt Fighters

The Worst Advice We’ve Heard about Handling Debt Collection Calls

At the law office of Michael A. Ziegler, we handle debt collection cases all of the time. we’ve heard about handling debt collection calls.

Best Blogs to Follow About Debt Collection

These blogs will help you stay up to date and on track when it comes to debt collection and debt relief law. Call Us: (727) 538-4188.

Budget Tips to Help with Holiday Spending

Your finances can take a serious hit around the holidays. If you’re already considering contacting a bankruptcy attorney in Florida.

Why Doesn’t the Do Not Call List Stop Robocallers?

Messages that are informational are also legal. You can receive a robocall reminding you of an appointment, or informing you that school is delayed.

Common Holiday Scams and How to Spot Them

Some of the most common Holiday robocall scams and how to spot them. Call Now For a Free Case Evaluation Clearwater: (727) 538-4188.

Student Loan Changes that Help Borrowers

According to Attorney Mike Ziegler, so it makes sense that big changes are in order. Here are some recent student loan changes that will help borrowers.

Chapter 13 Trustees

When considering bankruptcy, filing for Chapter 13 in Florida is a viable option for those who are overwhelmed by financial strain.

Understanding Common Credit Card Fees

Credit cards have fees for using their credit, and there are some fees that are commonly found in credit cards. Call Us: (727) 538-4188.

Apps to Help You Organize Your Finances

Here are some of the best apps, recommended by modification attorneys in Tampa, that are available to help you organize your finances.

Preparing For Bankruptcy Tips

You can begin to monitor your credit score easily after bankruptcy, if you are aware of your debts beforehand. Call us: (727) 538-4188.

Clearwater: (727) 538-4188 Tampa: (813) 225-3111

Mt. Dora: (352) 600-1326

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