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.

Collection Harassment Archives

The Credit CARD Act

April 10, 2017

Most of the country uses credit cards for even the most basic purchases. Call Now For a Free Case Evaluation Clearwater: (727) 538-4188

The Latest in Phone Scams for 2021

March 27, 2017

Phone scams run rampant in today’s society, and the financially related phone scams are no exception. Call Us: (727) 538-4188.

Common Household Budget Items

March 24, 2017

Determining your household budget, you need to make sure that you are accounting for every item that you will be spending money on.

Understanding the Debt Collection Process

March 17, 2017

In order to properly prepare yourself for when the debt collectors start calling, you need to understand the debt collection process.

Real Life Horror Stories of Debt Collection Harassment

March 6, 2017

Here are some real life horror stories of collection company harassment. Call Now For a Free Case Evaluation Clearwater: (727) 538-4188.

Can I Be Put on a “Wall of Shame” or “Blacklist” for Not Paying My Bill?

February 17, 2017

When it comes to the law, can I be put on a blacklist or Wall of Shame for not paying my bill? CALL NOW FOR FREE CASE EVALUATION Clearwater: (727) 538-4188.

Keeping Your Cool when Talking to Debt Collectors

February 13, 2017

this debt collection advice for dealing with debt collectors so that you don’t lose your cool and potentially risk your case.

A Fiscal-Friendly Valentine’s Day

February 12, 2017

Valentine’s Day, don’t break your budget by overspending. Call Now For a Free Case Evaluation Clearwater: (727) 538-4188.

Wells Fargo Lawsuit is the Perfect Example of TCPA Violation

February 6, 2017

People hear about debt collection harassment, but not many people realize just how much trouble a debt collector can get into by exhibiting this behavior.

What To Do With Garnishment Of Wages

January 23, 2017

The garnishment of wages can impact your entire life by limiting your finances.Call Now For a Free Case Evaluation Clearwater: (727) 538-4188.