Can You Discharge Income Taxes in Chapter 7 Bankruptcy? The short answer is maybe! Prospective bankruptcy clients may owe income taxes to either the Internal Revenue Service and/or the State when filing for Chapter 7 bankruptcy. Most taxes debts will be excepted from the bankruptcy discharge, meaning these debts will survive the bankruptcy and still be due, but there are limited instances where the tax liability can be discharged in Chapter 7 bankruptcy. It is important to discuss these issues with a San Diego Bankruptcy Attorney thoroughly before filing a Chapter 7 bankruptcy, as often the tax year in question

When a Chapter 7 case is filed, a Bankruptcy Estate is created and any vehicles you have become part of this Estate. The following options are then available depending upon the debto associated with the vehicle(s): VEHICLE PAID IN FULL, NO LIENHOLDER: If you own your vehicle free and clear, in almost every case the vehicle is claimed as exempt and abandoned by the Bankruptcy Trustee.  You get to keep your car without Bankruptcy interference.  While there are some exceptions where there may not be enough exemptions to protect the vehicle subjecting it to liquidation, Doan Law can usually reach

The Means Test determines whether you may be eligible for a Chapter 7 discharge and the amount of your Chapter 13 payments. Supposedly, it is the “perfect formula” from Congress to eliminate judicial discretion in Bankruptcy Cases. If you have too much income under the Means Test, then your Chapter 7 may be dismissed if you do not elect to convert to Chapter 13.  For this reason, the Bankruptcy Code includes provisions, such as 11 U.S.C. § 707(b), which is intended to prevent debtors from obtaining Chapter 7 shelter if they have an ability to pay their creditors. In a

Instead of letting Corona-Virus Debt destroy your finances, Pre-Qualify today for Bankruptcy by a simple phone call and eliminate all your debt troubles. In as little as 30 to 60 minutes, we can Pre-Qualify you for Bankruptcy Relief to eliminate your debt and avoid Corona-Virus Debt!  No office visit is required.  Instead, we offer same day free telephonic consultations!     And while there is virtually a Nationwide Shutdown, Doan Law remains available to file your Bankruptcy Case, 24/7.  As we are all aware, Governor Newsome placed California under lockdown on March 19, 2020 under Executive Order N-33-20, the ‘Stay