If you are looking for an alternative to filing for bankruptcy protection, you may be considering settling your debt. In debt settlement, you negotiate with your lender(s) to pay a smaller amount than what is owed as payment in full. While this may seem like the perfect solution to your money troubles, debt settlement does not come without its disadvantages.
This question comes up every tax season. You're looking forward to receiving a tax refund check and you also want to get your bankruptcy case filed. So, what happens to your tax refund in a bankruptcy case?
If you are planning to file a personal bankruptcy and you are expecting a tax refund, it is essential that you confer with us as soon as possible to make certain your refund is protected. This blog will provide general guidance, but it is important that we review your individual circumstances and determine the best strategy for you.
If you are one of the many Americans who struggle with debt, then you intimately understand the emotional strain that comes with ceaseless harassment from debt collectors. Despite your best efforts and hard work, you find yourself unable to keep up with credit card payments, interest, medical bills, your mortgage, or even your utilities. For a lot of people in your situation, bankruptcy is a desirable step to obtaining lasting relief from qualifying debts.