Taxes

/Tag: Taxes
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Filing Bankruptcy and Keeping Your Tax Refund

Your ability to keep your tax refund while filing a Chapter 7 Bankruptcy may largely hinge on whether qualify for the Oregon or Washington Bankruptcy exemptions. This is so because there is no exemption in the state of Oregon that allows you to keep your much of your refund; whereas, in Washington there is an [...]

2010-02-12T08:11:01+00:00

The IRS and the Automatic Stay

Even after the filing of a bankruptcy, the IRS can continue certain actions such as issuing a deficiency notice, continuing an audit, demanding the filing of a return and issuing an assessment. Filing a bankruptcy does, however, stop the IRS from issuing a lien, garnishing, your wages or seizing your assets or income. In bankruptcy [...]

2018-05-20T05:19:06+00:00
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