Debtors Must Be Up-to-Date on Tax Returns

AdminBankruptcy Law

Filing Bankruptcy - Up-to-Date Tax Returns

When a person or married couple begin filing bankruptcy, particularly chapter 7 bankruptcy or chapter 13 bankruptcy of the U.S. Bankruptcy Code, they incur many duties and obligations which must be satisfied in order to receive an eventual discharge (cancellation) of their debts. One of the obligations, while filing bankruptcy, is to provide the trustee assigned to their case a … Read More

Number of People Filing Bankruptcy in Fall of 2015

AdminBankruptcy Law

Disability Attorney - On the Docket

The number of people filing bankruptcy fell 15% in the first quarter of 2015 compared to the same time period of 2014, according to the American Bankruptcy Institute. The amount of people filing bankruptcy totaled 205,705 in the first quarter compared to 231,829 filings in the first quarter of 2014. Of this number, 198,313 consumers filed personal bankruptcy which represents … Read More