2019
The Differences Between Your Bankruptcy Options
Do you need to file for bankruptcy and are confused by the different types that you can use? If so, it helps to know a general overview of the basic differences between Chapter 13 and Chapter 7 bankruptcy before you decide on the one that is best for you. Chapter 13 The first thing to know about Chapter 13 bankruptcy is that it is a repayment plan where your debts are consolidated to help with paying them back.
Benefits Of Being Represented By A Tax Attorney
Mistakes and complications with your taxes can be extremely stressful and expensive to correct. Tax attorneys can be invaluable for helping individuals with correcting their current tax problems while avoiding new issues in the future. Assistance In Business Organization When you are looking at starting a business, the tax and finance implications can be among the most complicated and important factors to consider. Unfortunately, individuals will often simply start an enterprise without giving much thought to these factors.
Don't Create A Fraudulent Transfer Situation With Your Bankruptcy
If you have considered a chapter 7 bankruptcy filing, you might be blissfully unaware of how your actions prior to the filing could come under scrutiny. When you file your federal paperwork, the bankruptcy trustee (who administers your case) has the power to take total control of your financial situation. The trustee will become involved in what you own, what you owe, and even events that transpired before you filed bankruptcy.