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How Bad is Bankruptcy For Your Credit?

What stops people from filing for bankruptcy? Is it fear, pride or a belief that declaring bankruptcy is in some way unethical? If you stopped and asked 10 people on the street for the number one reason not to file bankruptcy, most would mention damage to their credit. How Bad is Bankruptcy For Your Credit?…

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Tax Refunds Must Be Disclosed on Your Bankruptcy

‘Tis the season when bankruptcy trustees are taking tax refunds. Potential tax refunds MUST be disclosed on your bankruptcy case, just like your couch and car. Not disclosing your state and federal tax refund is often a sure way to forfeit your tax refund, this means the trustee will get to keep your funds. The…

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