Our Professional Answer: All business entities whether or not they have revenue must file a tax return both federally and in the state where they are incorporated. The only real exemption is sole proprietorships which the […]

Our Professional Answer: If your ex-spouse files for bankruptcy, they must pay child support. Child support is not a discharge of all obligation, so they can’t get rid of it.

Our Professional Answer: Typically, nobody gets fired because they filed bankruptcy. However, some states have at will employment, meaning that you can be fired for anything. Typically though, bankruptcy is not the reason.

Our Professional Answer: If you’re renting a property and you haven’t paid your rent in a while, bankruptcy will allow you to pay your past due rent over the time of the plan. You must pay […]

Our Professional Answer: Chapter 13 bankruptcy is used by a lot of people who want to save their home and other assets. It allows you to make payments to your creditors of your disposable income and […]

Our Professional Answer: A chapter 13 is often the most preferential choice where there’s a foreclosure looming against your house. You can put your past due payments in your plan and you can structure your chapter […]

Our Professional Answer: Generally, you can represent yourself in a bankruptcy case. But let me warn you, bankruptcy is a very convoluted set of rules and laws. The reason people file bankruptcy is because they’ve been […]

Our Professional Answer:   Generally if you file for bankruptcy, you can keep your car. Cars that have loans on them that encumber the value which is more typical than not, are not assets in a […]