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What is Chapter 13 Bankruptcy?
A debt reorganization for individuals with a regular steady source of income…
Read MoreWhat is Chapter 7 Bankruptcy?
A liquidation bankruptcy that allows most individuals to complete get rid of their unsecured debt such as credit card debt, medical bills, old utility bills, and old apartment leases…
Read MoreWhat are IRS Partial Pay Installment Agreements?
Taxpayer will still owe the debt but will have a smaller monthly payment based on ability to pay, which could help taxpayer stay in good standing…
Read MoreWhat Does Currently Non-Collectible (CNC) Mean?
Taxpayer will still owe the debt but will not have a monthly payment, which could help taxpayer stay in good standing with the IRS…
Read MoreWhat is the IRS’ Pilot Program: 84 Month Installment Agreement?
The upside to the 84-month pilot program is no financial statement is required and it is not based on ability to pay…
Read MoreWhat is the IRS’ Fresh Start Program: 72 Month Installment Agreement?
The upside to the 72 month Fresh Start installment agreement is no financial statement is required and it is not based on ability to pay…
Read MoreWhat is an Offer in Compromise (OIC)?
An Offer in Compromise (“OIC”) is an agreement that allows taxpayers to settle their tax debt for less than the full amount owed…
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