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Contributions to employee benefit plans for up to 180 days after filing; and Legal claims for death and personal injury in a lawsuit relating to a DUI. For priority debts, a bankruptcy will not matter. You will still owe these debts. However, under a Chapter 13 bankruptcy, the amount you...
SINGER, GEORGE H.Bench & Bar of Minnesota
you may be capable of creating a bankruptcy repayment program that will allow you to catch up on your taxes. If you are filing for a bankruptcy and you have incurred tax debt, you may file a Chapter 13 bankruptcy that can help reorganize your debt into a three to five-year payment progr...
How does bankruptcy affect my spouse? If a husband files bankruptcy without his wife, only the husband’s debts are discharged. If the debts are held jointly, the non-filing wife will still owe even after one spouse has filed bankruptcy. ...
Although bankruptcy law empowers individual debtors to discharge their debts and thereby enjoy a financial" fresh start," 1 certain debts are nondischargeable for competing policy reasons. 2 Whether or not the debt incurred through credit purchases by personsSteven H. Resnicoff...