Chapter 7 Bankruptcy, also known as “fresh start” bankruptcy, allows your debts to be discharged (or canceled). In exchange, you may be required to give some non-exempt property to the bankruptcy Trustee to pay your creditors. Your tax return and earned income credits are non-exempt property. If you do not spend your tax refund before…
Continue reading ›You’ve just gotten your first call from a debt collector. The experience may have left you confused and upset. Here are a few things you should do when a debt collector contacts you: 1. Know your rights. Collection agencies are restricted in how they can collect a debt from you by the Fair Debt Collection…
Continue reading ›Many immigrants have debt from businesses, credit cards, medical bills and mortgages—undocumented workers can file bankruptcy and eliminate these debts. You do not need a Social Security card to file bankruptcy, but must have an ITIN (Individual Taxpayer Identification Number). This is the number you get when you pay your taxes to the US Government.…
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