How to File a Chapter 7 “Straight Bankruptcy” Even If You Make More than the “Median Family Income”
The amount of your income may not disqualify you from Chapter 7.
The amount of your income may not disqualify you from Chapter 7.
If you don’t qualify for either Chapter 7 or 13, do you have to do a very expensive Chapter 11 reorganization? Or could you still qualify after all?
“Straight” Chapter 7 bankruptcy can give some relief for dealing with your back and current income taxes, but Chapter 13 can help so much more.
If you were already on the financial edge and just found out you owe a bunch of income taxes, here is how bankruptcy can help.