Good Reason to Delay Filing Bankruptcy until Now: Get Past Any Exposure to the “Presumptions of Fraud”
Likely you’ve not committed any fraud preventing you from writing off your debts in bankruptcy. But how about “presumptions of fraud”?
Good Reason to Delay Filing Bankruptcy until Now: To Take Advantage of the Timing Twists of the “Means Test”
Waiting until just the right time to file a Chapter 7 bankruptcy can help avoid being bounded into a 3-to-5-year Chapter 13 case.
Good Reason to Delay Bankruptcy until Now: To Qualify for Vehicle Loan Cramdown
If you have a relatively new vehicle loan, waiting until you’ve had it for at least two and a half years can save you thousands of dollars
Good Reason to Delay Bankruptcy until Now: To Include 2013 Income Tax Debts
If you owe income taxes for 2013, filing a Chapter 13 “adjustment of debts” would enable you to pay that tax under very favorable terms.