Eliminating tax debts is not as easy as debt relief company commercials make it seem. The Internal Revenue Service (IRS) or overseeing state only discharges tax debt in special circumstances. Typically, bankruptcy does not wipe out most past due taxes. However,...
At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Month: January 2021
read more
Can I get a credit card after bankruptcy?
For many people, credit cards represent a temptation that is difficult to ignore. However, credit cards are very useful. You may wonder if after a bankruptcy you will be able to get a credit card. It is likely that after declaring bankruptcy, getting a traditional...
Do courts have to grant a discharge of my debts in bankruptcy?
One of the common misunderstandings of consumer bankruptcy in Arkansas and Tennessee is the belief that bankruptcy discharges all eligible debts. Each Bankruptcy Code chapter sets parameters around the types of debt a judge may discharge, but ultimately, the court...