Chapter Seven Bankruptcy is a process where many debts are dischargeable, including most credit card and other unsecured debts, but it can be denied in certain situations.
Chapter 11 Bankruptcy is a reorganization bankruptcy that is typically used by corporations to restructure their debt or liquidate their assets.
A Chapter Thirteen Bankruptcy is generally used in certain circumstances by individuals (and not corporations) with regular income and unsecured debts of less than specified limits.
Persons with tax problems may have many different alternatives available to them. The first step is to make an appointment to come and see me to discuss exactly what issues are present in your case.
