The Bankruptcy Process
Bankruptcy is an extremely complicated process. It involves a proceeding in Federal Court. There is a Trustee appointed to administer either your assets or payments that you make on behalf of your creditors. The Trustee is appointed by the court to review all aspects of your case to make sure everything has been done correctly, […]
Dischargeability of Taxes
There are many types of taxes imposed on people and companies. Some of these taxes are never dischargeable in bankruptcy, and others may be. For example, a tax that you have collected on behalf of someone else is never dischargeable. So sales taxes which you collect on the sale of an item is paid by […]
