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  • Trustee issued final report! How long until tax debt is paid?


    Our trustee issued the final report on 7/27!! It's done and finished!!

    My only question is regarding our state taxes. In his final report, he indicated that the state would receive a large payment. That would actually pay the vast majority of the tax debt...
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  • tobee43
    started a topic America's Ticking Bankruptcy Bomb

    America's Ticking Bankruptcy Bomb

    June 14, 2011

    The failures of federal, state and local officials of both major parties, over many years, have primed a ticking bankruptcy bomb for America that will explode the American Dream if we don’t disarm it. But it is not too late to reverse course and avert the coming bankruptcy...
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  • DoctorWho
    started a topic Lower tax debt during chapter 13 plan

    Lower tax debt during chapter 13 plan

    Is it possible to make the IRS, state taxes, and/or property tax lower in a chapter 13 bankruptcy?

    Let's say for example you owe 50,000 to the IRS - 20,000 to the state and 20,000 property taxes. Are you able to make these debts for a lower dollar amount? Say 10 cents on the dollar? ...
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    Last edited by DoctorWho; 04-26-2011, 11:52 PM.

  • Justpoor
    started a topic NJ State taxes

    NJ State taxes

    Hi All. I haven't been on here in a bit since I'm riding out a foreclosure. I live in Florida since 2007 but NJ has given me a Christmas gift. In my mail today they decided to audit my 2006 state return. After penalties and interest they are saying I owe $1k by Jan 15th. I'm going to argue it because...
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