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.

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Consumer Protection Laws Have Teeth

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The moral of the story here is that consumer protection laws have seriously sharp teeth to bite into the creditors that violate them.

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Wells Fargo Lawsuit is the Perfect Example of TCPA Violation

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Famous Debt Collection Harassment Lawsuits

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Can I still bring a TCPA claim if harassing calls to my cell phone didn’t cost me anything out of pocket?

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

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

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When debt collectors come calling, you have specific rights that need to be upheld. One of these rights is to request detailed information about the debt.

How to Handle Phone Calls from the IRS

July 25, 2016

As local foreclosure lawyers, bankruptcy lawyers, and debt litigation lawyer, Call Now For a Free Case Evaluation Clearwater: (727) 538-4188.