Exemptions Allowed In Chapter 13 Bankruptcy

     In Chapter 13 bankruptcy, the bank allows certain assets of the debtor to be exempted. This means that certain assets can be retained by the debtor. These assets are listed as basic assets as they are essential for the debtor to survive or restart from the beginning.More...

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Failure To Pay State Inheritance Tax And Consequences

        When it comes to taxes, there are two types of additional taxes that can hurt an individual financially. One is the estate tax which is collected by the federal government; other is the inheritance tax collected by the state government.More...