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Bankruptcy and Taxes

Some taxes can be discharged through filing for bankruptcy protection. Learn how tax debts are treated in bankruptcy petitions.
Bankruptcy and Taxes: Discharging Tax Debts in Bankruptcy
Income tax debts may be eligible for discharge under Chapter 7 or Chapter 13 of the Bankruptcy Code. Not all tax debts are capable of being discharged in bankruptcy. The bankruptcy petitioner must have tax debts that meet five criteria for discharge.
New Bankruptcy Law Makes It Harder to Erase Your Debts
Important provisions of the new bankruptcy law make erasing your debts harder to achieve.
New Bankruptcy Law - Nolo Press
An overview of the new bankruptcy laws that went into effect on October 17, 2005. Nolo Press covers the major changes to the bankruptcy code, such as requirements for credit counseling, and strict budget guidelines for repayment plans.
Understanding the New Bankruptcy Law - Findlaw for the Public
Comprehensive overview of changes to the bankruptcy code.
Understanding the new bankruptcy law - Bankrate
An in-depth look at the new provisions of the Bankruptcy Code. Bankrate says that the new bankruptcy law has "bright spots," but that "the picture is dim for consumers in debt."
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