Archive for January, 2014

Start the New Year in Utah by Stopping Tax Collections Against You

Which is more powerful—tax collection or bankruptcy protection? Most of the time, bankruptcy is.   Here’s What the IRS Can Do to You
  • Take aggressive collection action against you and your assets, all without first needing to sue you.
  • Levy on (seize) your wages, salary or commission—a single IRS levy continues in effect until the tax debt is fully paid.
  • Seize money in any of your bank accounts or at any other kind of financial institution.
  • Seize your home, car, or other property; sell it, applying the proceeds to the taxes owed (but only after first paying the costs of the

Start the New Year in Utah by Resolving Your Child/Spousal Support Dilemma

Here’s some good news if you are behind on child or spousal support, and are being relentlessly chased on that debt (or are about to be).  If you are behind on support, your ex-spouse and support enforcement agencies have tremendous tools to use against you to make you catch up. The law does not give you much power to fight back, especially once you’ve fallen behind. But one way you CAN fight back is through a Chapter 13 “adjustment of debts.” What Chapter 13 CAN Do—Freeze the Collection of Back Support against You The filing of a Chapter 13 case…

Good News for a Happy 2014 in Utah!

Here’s some of the very good news you might hear if you followed up on your New Year’s resolution to meet with a bankruptcy attorney in Logan.   One of the most satisfying parts of being a bankruptcy attorney is when—just about every day—I get to give some really good news to a new client. My clients are often very pleasantly surprised to hear the unexpected good news. They often honestly tell me that they wished that they had come in to see me earlier to get that good news. Hopefully the following examples will inspire you to make meeting with…

Bankruptcy and the New Year in Utah: File in Early 2014 to Cover More Income Taxes

With the arrival of 2014, filing a Chapter 13 case can cover, and protect you from, more tax debt.     Discharge of Tax Debts vs. Protection While Paying Tax Debts Filing bankruptcy can help you deal with tax debt(s) in two main ways. First, the most direct way bankruptcy can help is to discharge—permanently write-off—some or all of what you owe in taxes. Without going into all the requirements, generally you can discharge older income taxes: the bankruptcy filing must be at least 3 years after the pertinent tax return was due (plus any time for extensions), AND the bankruptcy…