IRS Tax Debt and Bankruptcy
Bankruptcy offers many debtors a remedy to wipe out IRS tax debts when all other remedies such as offers and compromise have been rejected. In addition, for many debtors, the...
New Chapter 13 filers need to get their 2013 taxes prepared
Chapter 13 bankruptcy article written by Columbia, SC and Florence attorney Daniel Stone New Chapter 13 bankruptcy filers in 2014 need to have their 2013 tax returns prepared as soon as they...
Beware of the Tax Consequences from Settling Credit Card Debts
Tax debt article written by Columbia, SC attorney Daniel Stone Before many of my potential clients hire me, they ask me if can they settle credit card debts on their own. Sure...
Jose Canseco Files for Chapter 7 bankruptcy
Chapter 7 article written by Columbia, SC bankruptcy lawyer Daniel Stone Remember Jose Canseco? He was great baseball player for the Oakland Athletics in the late 80’s and early 90’s. Jose earned...
What Do I Do If I Need to File Bankruptcy But I Cannot Locate My Taxes?
Proof of filed taxes is a requirement for filing bankruptcy. However, some of my clients cannot find their previous three years of tax returns. What do you do then? First,...
How does Chapter 13 Bankruptcy help with IRS Taxes?
Tax debt article written by Columbia, SC attorney Daniel Stone Chapter 13 bankruptcy can help debtors with both IRS and South Carolina Department of Revenue taxes. Most people assume bankruptcy cannot...
How bankruptcy can help with tax debt
Tax debt article written by Columbia lawyer Daniel Stone Bankruptcy can be very beneficial to debtors seeking tax relief. Depending on the type of tax debt and age of the...
TOP 5 ADVANTAGES OF FILING CHAPTER 13 BANKRUPTCY
HERE ARE SOME OF THE TOP ADVANTAGES OF FILING A CHAPTER 13 1. STRIP IRS TAX LIENS 2. STRIP A SECOND MORTGAGE (VALUE AT $00.00) 3. VALUE A VEHICLE...
TOP 10 REASONS TO FILE FOR CHAPTER 7 BANKRUPTCY
10. Finance loans (furniture as collateral). 9. Avoid a judgement. 8. Wipe out a car deficiency. 7. Wipe out a old home deficiency. 6. General unsecured debts. 5. Furniture loans....
What are some reasons to wait on filing for Chapter 7 bankruptcy relief in South Carolina?
Chapter 7 article written by Columbia, SC bankruptcy lawyer Daniel Stone What are some of the best reasons to wait to file Chapter 7 bankruptcy in South Carolina? For many of...