Bankruptcy and Taxes

Bankruptcy and Taxes

The anticipation of the holiday season is often followed by the dread of tax season. If you plan to file bankruptcy, whether Chapter 7 or Chapter 13, the timing of your filing could have a drastic impact on how much of your income tax return you get to keep and how...
The Bankruptcy Means Test Explained

The Bankruptcy Means Test Explained

The Bankruptcy Means Tests is one of the most complicated aspects to bankruptcy law. This “test” was born of the 2005 changes to federal bankruptcy law implemented by Congress in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005(BAPCPA). Effectively,...

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