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Dedicated and knowledgeable bankruptcy attorney. Demand a cost-free session! I’m a seasoned Baltimore bankruptcy lawyer and characterize shoppers in all types of cases, together with Chapter 7 and Chapter 13. Should you be underneath the imply, it's possible you'll qualify for Chapter seven. And Even though you are more than, Here are a few situ

 There's Court oversight of one's repayment plan.  And beneath personal debt consolidation designs, a 1099-C may very well be issued for just about any credit card debt that is cancelled, earning that debt taxable money.  Every time a Chapter 13 is filed, plus the approach for prepayment is confirmed, there are not any tax implications

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