Blog Posts in March, 2013

  • The Difficulty of Discharging Income Taxes in Bankruptcy

    || 29-Mar-2013

    As bankruptcy laws are redeveloped and continually gone over, more and more filers are discovering that it is difficult to discharge income taxes. In most cases, income taxes are dischargeable. This means that the obligation to pay these taxes can be eliminated in some circumstances. The debt must meet certain qualifications in order to be recognized as legitimate for bankruptcy discharge. ...
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  • Can a Collector Take Your Social Security?

    || 15-Mar-2013

    When you are in a debt, it may seem that all of your assets are at risk. Often collectors can garnish your bank accounts, threaten to foreclose your home, or seize your vehicle. But can they also take away your Social Security? According to Bankrate, Social Security income is exempt from garnishment in almost all circumstances. On rare occasions in the past, a person could have their social ...
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