Latest on the Bankruptcy Blog

Tax debts can be costly in many ways. Unlike other types of debt, defaulting on paying your taxes can result in having your wages garnished, your property placed under lien, and even land you thousands of dollars more in debt. Additionally, tax debts are different than traditional forms of debt in that they often are  … Read more

You may have heard that filing for bankruptcy is bad because it will liquidate all your assets. This is false. Although there are some instances in which some of your income or assets could be used to pay debts to creditors as part of your bankruptcy filing; they won’t take everything you have. In fact,  … Read more

Many people are looking for ways to decrease their spending, increase their earnings, and regain financial control. Times may be tough from time to time, but there are ways to prevent or get out of debt. Here are a few strategies for making your plan to become debt free. Outline Your Goals The first step  … Read more