How Bankruptcy Can Affect a Tax Return Receiving an income tax return can feel great and help you get caught up on debts youâve fallen behind on. Despite having the option of âbreaking evenâ and not paying as much in payroll taxes throughout the year, some people enjoy receiving a refund check. Unfortunately, the joy […]
Tax Identity Theft and Credit The increasing popularity of filing tax returns online has given way to a rise in tax identity theft. According to data from the IRS, approximately $2.3 billion in consumer tax returns are stolen on an annual basis by identity thieves. Tax identity theft occurs when a criminal files a personâs […]
What is Bankruptcy Fraud The average person filing for bankruptcy has no intention of committing fraud. He or she is just looking for a way to get out from under their debt and are desperate to bring the creditor and collector harassment to an end. People file because they are concerned about losing their homes […]
Preparing for a Bankruptcy consultation with a Bankruptcy Lawyer Filing for bankruptcy is a big decision. One of the most intimidating aspects of the process is meeting with your bankruptcy attorney. Being prepared and having all of the necessary documents and information with you for your first meeting can make things go as smoothly as […]
Financial problems can occur at any age. For those who are older and facing financial challenges as they near retirement, the idea of using retirement savings to avoid bankruptcy is likely not something youâd consider. However, if youâre middle-aged or younger when financial disaster strikes, the money youâve set aside for retirement could pose a […]
Bankruptcy Mistakes There are those who are pushed into bankruptcy because of a medical emergency or the unexpected loss of a job. But there is also a fair share of bankruptcy cases that start with a little too much spending, a few too many maxed credit cards, and a little too little saving. Despite all […]
The difference between bankruptcy dismissal and bankruptcy discharge For many, bankruptcy is unfamiliar territory and there are a lot of things that are new. For instance, filing for bankruptcy typically results in learning a lot of new terms. Understanding these terms and knowing the difference between ones that seem similar can be frustrating, especially if […]
How Bankruptcy and Social Security Are Related Bankruptcy is one of the best tools available for managing significant debt and easing financial worries, but it isnât something you should take lightly. Filing for bankruptcy can affect many areas of your life in good and bad ways, so itâs important to consider its effects before taking […]
Preventing Foreclosure Out-of-control debt can cause a number of problems in your life, but few are as intimidating as the threat of foreclosure. The idea of the bank taking your home from you is what drives many people to finally file for bankruptcy. Though bankruptcy is one of the most powerful tools you have for […]
Can a car be sold before filing for bankruptcy? Plenty of car owners face financial struggles and consider bankruptcy. Itâs one of the most common assets bankruptcy discussed during bankruptcy and can garner a significant resale value. Itâs one of the first things a bankruptcy trustee will look at when evaluating your estate in Chapter […]
![How To File for Bankruptcy [Infographic]](https://www.attorneyfortampabay.com/wp-content/uploads/2019/05/bankruptcy-steps-infographic-web.jpg)
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