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Washington D.C. Bankruptcy Myths

Washington D.C. Bankruptcy Myths This is a list of the most common bankruptcy myths that I hear from my clients. I hope this list helps to clarify some of the most pervasive bankruptcy myths out there. Myth: You’re going lose all of your property if you file for...

Rebuilding Your Credit After Bankruptcy

Tips For rebuilding your credit after bankruptcy You’ve just received your bankruptcy discharge and are wondering what to do to rebuild your credit. Your credit score is very important because it is an indication to lenders of your credit worthiness.  The following...

Tax Debt and Bankruptcy

I’m frequently asked whether tax debt owed to Uncle Sam could be discharged (wiped out) in a bankruptcy Chapter 7 proceeding. The answer is yes. However, Tax debt must to fall under the following narrow rules of 11 U.S.C. §523(a)(1) and 11 U.S.C. §507(a)(8).  The 3...