Will My Income Tax Refund be Affected by Filing for Bankruptcy?

hello my name’s Matthew Cherney, attorney and owner of Cherney Law Firm in Marietta Georgia Every year at tax time it seems I receive the same question, ” Will my income tax refund be affected by filing bankruptcy?” The answer to this question is going to depend on four main things One: the amount of […]

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Email Opioid talks fail, Purdue bankruptcy filing expected

Email Opioid talks fail, Purdue bankruptcy filing expected CLEVELAND AP — OxyContin maker Purdue Pharma is expected to file for bankruptcy after settlement talks over the nations deadly overdose crisis hit an impasse, attorneys general involved in the talks said Saturday. The breakdown puts the first federal trial over the opioid epidemic on track to […]

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Bankruptcy Basics – Part 3: Limits of Bankruptcy

The following program was produced by the United States Courts. As I mentioned before, some debts cannot be discharged in a bankruptcy. Certain types of debts, such as child support, alimony, most student loans, some federal income taxes, and all employer withholding taxes, cannot be discharged in bankruptcy. the debtor’s wrongful conduct may make some […]

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Bankruptcy Basics – Part 4: Filing for Bankruptcy

The following program was produced by the United States Courts. Before you file a bankruptcy case, you must complete credit counseling provided by a government-approved agency. The purpose of this counseling is to explore alternatives to bankruptcy in your particular situation. You must obtain from the agency a certificate describing the counseling services you received. […]

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How to Declare Bankruptcy

How to Declare Bankruptcy. It costs money to announce that you don’t have any. And that’s just one of many unpleasant surprises about filing for bankruptcy. You will need Eligibility Credit counseling A bankruptcy petition Successful completion of a money management course and legal representation (optional). Step 1. Understand bankruptcy, which shelters you from having […]

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