Your family circumstances directly impact your tax obligations. When you get married or have children, what you pay in taxes will likely change. You qualify for exemptions, tax credits and write-offs based on your family and personal circumstances. When you divorce,...
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Month: March 2022
Medical debt is the leading reason for bankruptcy
There are a lot of myths surrounding bankruptcy, and the most prevalent may be that it is caused by irresponsibility. Outside critics are very quick to stereotype those who file for bankruptcy as people who should have made better financial choices and not gotten...
What are the pros and cons of a Chapter 7 bankruptcy?
Chapter 7 bankruptcy is also called the ‘fresh start’ bankruptcy. If you are drowning under a pile of debt, this may be a viable solution to help you get back on your feet. While it’s true that some debts such as child support, tax bills, and student loans cannot be...
