Law Offices of Gary Barsegian

If you owe income taxes, not only can you write off most older ones, you may have some control over which taxes you can write off. Two Items of Very Good News First, bankruptcy can permanently write off (discharge) certain income taxes, generally

Likely you’ve not committed any fraud preventing you from writing off your debts in bankruptcy. But how about presumptions of fraud? Last month, in the midst of the holidays, we wrote about how to avoid the two presumptions of fraud during that

Waiting until just the right time to file a Chapter 7 bankruptcy can help avoid being bounced into a 3-to-5-year Chapter 13 case. Timing is Everything When it comes to timing, there may be nothing in bankruptcy so picky about exactly when you file

If you have a relatively new vehicle loan, waiting until you’ve had it for at least two and a half years can save you thousands of dollars. Timing is Everything One of the countless reasons it is crucial for you to get legal advice from a good

If you owe income taxes for 2013, filing a Chapter 13 adjustment of debts would enable you to pay that tax under very favorable terms. Paying Taxes Under Chapter 13 Chapter 13 is a very good tool for dealing with debts, particularly unusual

Take advantage of the fact that the law happens to treat certain creditors better than others. Favored Creditors Bankruptcy law balances the rights of debtors against the rights of creditors. But the law also sorts out the rights of creditors

If you still owe much more on your house than what it’s worth, you may be able to strip a second or third mortgage off your title. To Be More Precise If you want to follow up on your New Year’s resolution to improve your financial life, and IF

If you owe a whole lot of income taxes, especially if you owe for multiple years, bankruptcy can get you tax debt free surprisingly fast. Bankruptcy Can’t Help with Income Taxes, Right? Let’s get this fallacy out of the way right away.... Fact:

Which is more powerfultax 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 See more

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

Here’s some of the very good news you might hear if you followed up on your New Year’s resolution to go see a bankruptcy attorney. One of the most satisfying parts of being a bankruptcy attorney is whenjust about every dayI get to give some really

As soon as 2014 arrives, your 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

The peculiar way that the means test is caculated may give you some opportunities. Our blog post of a couple of weeks ago was about what to do during the holidays to pass the means test. The key point was to consider filing bankruptcy before the end