- Spousal SupportNon-dischargeable taxes or child/spousal support obligations can be paid through a Chapter 13 plan over 36 to 60 months depending on the plan length for your case. The Chapter 13 will keep the tax authorities and domestic support obligation authorities off your back (i.e. they cannot collect) while you are in Chapter 13 bankruptcy, and it provides you the breathing room for you to pay those debts off.
- BankruptcyBankruptcy law is a specialized area of law and it is in your best interest to find an experienced bankruptcy attorney who will be able to complete the complex legal forms, apply the law to your facts, and expertly navigate the bankruptcy process for you as smoothly as possible. It can make a big difference in how smooth an experience or successful your bankruptcy case turns out to be, whether or not you are able to protect your assets to the fullest extent possible, and whether you avoid or reduce risks in your bankruptcy.
- ForeclosureYes. Once the bankruptcy is filed, creditors are immediately prohibited from contacting you and from trying to collect upon debts that you owe. This is called the “automatic stay” and it puts a stop to any collection activity including: collection calls, collection letters, lawsuits, garnishments, foreclosure, tax collections (including the IRS), efforts to repossess, etc. This is one of the major benefits of bankruptcy - providing immediate relief from creditors’ collections upon the bankruptcy filing.