Should I file for bankruptcy or debt relief?
Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.
Can I Declare Bankruptcy for Credit Card Debt?
Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him pay off his debt
Take this 33-year-old California man, for example. His dire situation, in which he owes about $170,000 in tax debt, was the ...
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Tax debt relief: How to resolve your debt with the IRS
What tax debt relief is. The IRS offers several options to accommodate different financial circumstances, such as payment ...
How to Avoid Paying Taxes on Debt Settlement
One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...
Will collections debt go away if I file for bankruptcy?
The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...
Uber Payment in Engineer Bankruptcy Carries Tax Bill, Judge Says
Anthony Levandowski, one of Google LLC’s early self-driving engineering pioneers, is on the hook to pay taxes on Uber ...
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Debt Negotiation vs. Bankruptcy: What’s the Best Path for You?
When financial distress becomes overwhelming, finding a way out can feel impossible. Two common paths—debt negotiation and ...
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Does the IRS ever forgive back taxes?
such as if you file for bankruptcy, leave the country for an extended period or submit an offer in compromise (OIC). Start tackling your delinquent IRS tax debt today. An offer in compromise ...
IRS Wants Property to Pay Tobacco Businessman's $24 Million Debt
The IRS is looking to seize a North Carolina tobacco businessman’s real estate to resolve a years-running tax debt that’s ...