Getting Rid of Back Taxes in Bankruptcy and What You Should Know

TheMarch 2019 New York City Taxi & Limousine Commission (TLC) sales resultshave been released to the public. And as is our practice, provided below are Jim Shenwick’s comments about those sales results.
1. The volume of transfers fell from February. In March, there were 38 unrestricted taxi medallion sales.

In the U.S., healthcare has become increasingly costly over the years. Your medical bills and overall debt can pile up quickly depending on the specific circumstances surrounding your situation. After receiving medical care, you may wonder how you will be able to pay off your sky-high bills. The worst thing you can possibly do is […]

A common misconception is that irresponsible people are the ones who usually file for bankruptcy. However, nothing could be farther from the truth. While it is true that bad budgeting or overspending may be attributed to being irresponsible, managing money is harder than ever thanks to inflation. Thus, a combination of bad budgeting and a habit of spending too much money can cause your debt to skyrocket and lead you to bankruptcy a lot faster than ever expected.

Bankruptcy has proven to be an excellent method to get rid of unmanageable debt. Throughout the years, millions of people around the U.S. have witnessed the benefits bankruptcy can bring into their lives. However, there is still confusion and fear surrounding the word “bankruptcy.” How does bankruptcy work and how much time will a discharge […]

Matthew DeBord

Many people are facing severe financial situations due to the tough economy. For this reason, many hard-working Californians are forced to face foreclosure. This can put homeowners under a lot of stress. Fortunately, there are ways you can fight against foreclosure and save your home from being sold by your creditors. The California foreclosure defense […]

When you find your small business in the red, bankruptcy may be your best option. Restructuring your debts under Chapter 11 or Chapter 13 (with certain limitations) may be the saving grace to keep your company afloat.
On the contrary, if you are planning to close down your business, a “straight” or “liquidation” bankruptcy may be the better way out.
How does reorganization help my small business?

Getting Relief from Tax-Debt Garnishments

What Bankruptcy Can & Cannot Do For Federal Tax Debt