Monthly Archives: October 2014

Can you keep all of your stuff in bankruptcy?

You want to know: “Can I really keep everything I own if I file bankruptcy?”

An old debt isn’t on my credit report – do I still owe it?

What does it mean when an old debt is not on your credit report? So, you just checked your credit report and you couldn’t find an old debt you know that you owed. Or, a debt collector just contacted you about an old student loan they say you still owe, but you checked your credit […]

Bankruptcy helps avoid tax due on forgiven debt

When could you have to pay taxes on money that you owe? When someone, like a credit card company, forgives the amount that you owe. The IRS calls this “canceled debt” or “forgiveness of debt income” and it’s something that you need to watch out for if you owe money that you aren’t paying back.
According […]