Chapter 13 bankruptcy benefits

  Chapter 13 Bankruptcy can be a very powerful tool to help a debtor save his or her assets while at the same time allowing a feasible plan to deal with the debtor’s debts. Below are some of the top tools a Chapter 13 bankruptcy offers. 1. You can protect non-exempt assets. Huh?  what does […]

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 bankruptcy remedy is superior to any other remedy. Bankruptcy IRS tax law is very complicated and requires significant consultation with a bankruptcy attorney. The basic […]

Florence Bankruptcy Attorney

If you currently live in Florence, SC and are experiencing debt issues such as foreclosure, repossessions, credit card debts, medical bills, IRS tax debts, finance loans, or other types of debts, please feel free to set up a free consultation at the Florence or Columbia office with attorney Daniel Stone. We also offer free phone […]

Florence bankruptcy attorney

If you currently live in Florence, SC and are experiencing debt issues such as foreclosure, repossessions, credit card debts, medical bills, IRS tax debts, finance loans, or other types of debts, please feel free to set up a free consultation at the Florence or Columbia office. We also offer free phone consultations. The following is […]

Chapter 13 bankruptcy benefits

  Chapter 13 Bankruptcy can be a very powerful tool to help a debtor save his or her assets while at the same time allowing a feasible plan to deal with the debtor’s debts. Below are some of the top tools a Chapter 13 bankruptcy offers. 1. You can protect non-exempt assets. Huh?  what does […]

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 receive their W-2 forms to comply with IRS and bankruptcy regulations and case law. I recommend to my clients so there will be no delay […]

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 eliminate taxes. While it is true that bankruptcy cannot discharge many debts, there are some taxes that Chapter 13 bankruptcy can lower to the same […]

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. 4. Collections. 3.IRS  and state taxes. 2. Credit card debt. 1. Medical debt!

Can creditors garnish your wages in South Carolina?

Can creditors garnish your wages in South Carolina? The answer is NO with a few caveats. In most states, creditors can obtain a civil judgment against the debtor and then garnish their wages. In our sister state of Georgia, if you have failed to pay on your credit card, the credit card could obtain a […]

Are IRS taxes dischargeable in bankruptcy?

IRS tax debt article written by Columbia, SC bankruptcy attorney Daniel Stone Are IRS taxes dischargeable in bankruptcy?  The short answer is some are. The Internal Revenue Services has a specific code section dealing with income taxes and dischargeability in bankruptcy.http://www.irs.gov/irm/part5/irm_05-009-002.html . The code states that in order to be discharged, a few elements must be […]