Which comes first? Divorce or Bankruptcy

310.376.9865 BANKRUPTCY – DIVORCE ? DIVORCE – BANKRUPTCY? OK, you know things aren’t going good, when you are considering both divorce and bankruptcy. You will have to make a decision as to what to do first. Should you file the bankruptcy first, or should you file the divorce first. Well, it depends. First, you will

Back Taxes & Bankruptcy

310.376.9865 Are Back Taxes Dischargeable In Bankruptcy? Your bankruptcy lawyer will give you the typical law school response. “IT DEPENDS.” In fact taxes (both Federal and State) can be discharged (wiped out) in a Chapter 7 bankruptcy. There are several requirements that must be satisfied. Three Year Rule: The tax year in question must be