"Chapter 13 Bankruptcy Tax Tool
- Topics:
- Bankruptcy
- Tags:
- Bankruptcy,
- Chapter 13,
- Finance,
- Financial Planning,
- Free Trade,
- Taxes
- Source:
- Reed Elsevier
FREE Registration is required
Overview: "A Chapter 13 bankruptcy offers powerful and inexpensive solutions for your tax troubles. You can get rid of tax penalties and tax liens (or at least reduce tax liens to the current value of your assets), avoid paying interest on your most recent tax bills and avoid paying taxes for the years for which you haven’t yet filed a tax return. Chapter 13 is a repayment plan, available only to individuals with regular income and debts below a certain amount — $807,750 in the kind of debt where your creditor can take your property if you fall behind on your debts (called “secured debt”), and $269,250 in the kind of debt where your creditor can’t take your property if you fall behind on the debts (called “unsecured debt”). "
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Format: HTML | Date: Jan 2003 | Pages: 1
