accountant calculating a tax debt

What Is an Offer in Compromise?

Tax debt looms over many U.S citizens. When you are having difficulty getting by, a tax debt can cause even more stress. It can be a major financial burden on top of everything else. If you are facing what may seem like an insurmountable tax burden, then you may still have options. An Offer in…

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chapter 7 bankruptcy

Who Qualifies for Chapter 7 Bankruptcy?

Chapter 7 bankruptcy offers a fresh start to those that are struggling financially. Bills start piling up and treading the financial waters may become quickly unsustainable. With Chapter 7 bankruptcy, your non-exempt property is sold off by a bankruptcy trustee to satisfy outstanding creditor obligations. In reality, however, many who file Chapter 7 bankruptcy end…

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