can you file your taxes owed under bankruptcy?

can you file your taxes owed under bankruptcy?
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Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in the event such secured creditor has relinquished security ranks equally with ___________. a) insolvency resolution process costs b) workmen’s dues for a period of 24 months prior to liquidation commencement date c) wages and any unpaid dues owed to employees other than workmen for the period of twelve months preceding the liquidation commencement date d) dues to Central Government

Description : Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in the event such secured creditor has relinquished security ranks equally with ___________. a) insolvency ... period of twelve months preceding the liquidation commencement date d) dues to Central Government

Last Answer : b) workmen’s dues for a period of 24 months prior to liquidation commencement date

When it home or business property is sold who is responsible for calculating the taxes owed on the sale when a home or business property is sold who was responsible for calculating the taxes owed on?

Description : When it home or business property is sold who is responsible for calculating the taxes owed on the sale when a home or business property is sold who was responsible for calculating the taxes owed on?

Last Answer : Feel Free to Answer

Where do I go to find out what houses in my town are for sale for the back taxes owed?

Description : Where do I go to find out what houses in my town are for sale for the back taxes owed?

Last Answer : Where do I go to find out what houses in my town are for sale for the back taxes owed?

Is the buyer of a foreclosure home responsible for any back taxes still owed?

Description : Is the buyer of a foreclosure home responsible for any back taxes still owed?

Last Answer : As a technical legal rule, the answer is that the buyer of a foreclosure home is not personally liable for back taxes that remain owed. However, the back taxes may well still serve as a lien on the ... got a bill for six thousand dollars back taxes. She was unable to pay so she lost the house.

My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.

where can I get help with back property taxes owed.?

Description : where can I get help with back property taxes owed.?

Last Answer : help paying property in ar

I had a payment plan in place to pay my back taxes owed to the IRS (approx 1500) they took my Stimulus Ck and I think my balance might be around 1200 - 1500. How do I find out what I owe them today. and how do i re-enter a new agreement with them?

Description : I had a payment plan in place to pay my back taxes owed to the IRS (approx 1500) they took my Stimulus Ck and I think my balance might be around 1200 - 1500. How do I find out what I owe them today. and how do i re-enter a new agreement with them?

Last Answer : Call the IRS and talk to an agent to find out your balance and how to enter a new agreement with them.

How do I file a lien against a property for monies owed?

Description : How do I file a lien against a property for monies owed?

Last Answer : Well, normally, you can't do it. The fact that somebody owes you money does not generally gives you the lien right. Check your state laws.

My brother is thinking of filing bankruptcy. If he filed for bankruptcy would this also take care of the back taxes he owes on his property?

Description : My brother is thinking of filing bankruptcy. If he filed for bankruptcy would this also take care of the back taxes he owes on his property?

Last Answer : It depends on a number of circumstances; often it isn't possible to discharge back taxes in bankruptcy, but it is in some cases if the back taxes are over 3 years old.

Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

Description : Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

Last Answer : Better to pay off. Bankruptcy puts a big mark on you credit report, no one wants to get left holding the bag when you opt out of your debt. Bankruptcy takes the legal obligation away, but does not clear your record.

Have any of you tried to file bankruptcy on your own without a lawyer?

Description : Have any of you tried to file bankruptcy on your own without a lawyer?

Last Answer : hello darkness my old friend….

Can someone file bankruptcy from home?

Description : Can someone file bankruptcy from home?

Last Answer : Sounds like practicing law without a license.

Should I sue the debt collectors or file for bankruptcy?

Description : Should I sue the debt collectors or file for bankruptcy?

Last Answer : For every count of harassment, you can get between $500-$5000 depending on the state. It really is as simple as recording them and filing a lawsuit. There was a news story recently about a guy whose ... purposely get harassed by debt collectors so he could sue them. He was pulling in over 100k/yr.

Will BP file bankruptcy to avoid restitution?

Description : Will BP file bankruptcy to avoid restitution?

Last Answer : BP will do as they please and there's nothing anyone can do about it, they are one of the biggest most important corporations to the industrial world, they aren't going bankrupt, feigning bankruptcy or ... in India, and set the proper tone for compensation, then you can expect BP to follow suit.

I have always prided myself for having perfect credit, but the recent downturn in the economy and unexpected medical expenses have no changed that. I don't want to file bankruptcy, but am way behind on payments. What are my options?

Description : I have always prided myself for having perfect credit, but the recent downturn in the economy and unexpected medical expenses have no changed that. I don't want to file bankruptcy, but am way behind on payments. What are my options?

Last Answer : For medical bills, you can make small payments to the hospital every month and as long as you’re paying off the loan, they can’t write it off as un upaid bill. So pay them $15 a month and use the extra $ to pay off your credit cards.

Why did Chrysler file for bankruptcy in New York?

Description : Why did Chrysler file for bankruptcy in New York?

Last Answer : They own more politicians in New York

Why shouldnt I file for bankruptcy?

Description : Why shouldnt I file for bankruptcy?

Last Answer : Although you say you can start rebuilding your credit, this really isn't the case. Although your credit score may increase, bankruptcy on a credit history is almost a sure fire way to ensure that ... really have no other way out, and be sure to have a long conversation with your financial advisor.

if i file bankruptcy will it get rid of a wage granishment

Description : if i file bankruptcy will it get rid of a wage granishment

Last Answer : Need Answer

If I file for bankruptcy can I still refinance my mortgage?

Description : If I file for bankruptcy can I still refinance my mortgage?

Last Answer : You would probably be better off refinancing your mortgage first and then applying for bankruptcy later on. My mom had to file for bankruptcy due to credit card debt she could not pay.

If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?

Description : If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?

Last Answer : Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.

How does one file bankruptcy in Florida?

Description : How does one file bankruptcy in Florida?

Last Answer : Bankruptcy is a federal matter. There are different types of bankruptcy. This government website has a lot of helpful information on the various types, as well as information basics about filing, forms ... and find an affordable bankruptcy attorney in your area who can walk you through the process.

How to File Bankruptcy?

Description : How to File Bankruptcy?

Last Answer : The U.S. Congress established federal bankruptcy laws so that honest but unfortunate debtors could make a fresh start. While any bankruptcy filing must be made in federal court, your local judicial ... to the federal courts, 99 percent of Chapter 7 filings are granted full discharge of debts.

I am the PR of a person who died. Assets include a note owed for a substantial amount of money.

Description : I am the PR of a person who died. Assets include a note owed for a substantial amount of money.

Last Answer : Welcome to ask-public, Kathleen. I think this is a question for a probate lawyer.

Am I overreacting, or am I owed an apology?

Description : Am I overreacting, or am I owed an apology?

Last Answer : Just stop making food for them.

Are you owed anything just because you were born?

Description : Are you owed anything just because you were born?

Last Answer : Sure, we have rights. But we aren’t necessarily owed anything.

What if every person, company and government in the world forgave every debt owed them?

Description : What if every person, company and government in the world forgave every debt owed them?

Last Answer : I don’t think it would last very long… Just as soon as we are out of debt we would no doubt be plunging right back in.

Lazy Larry agreed to work on a job for his brother-in-law for thirty hours at eight dollars an hour, on the condition that he would forfeit ten dollars per hour for every hour that he idled. At the end of the thirty hours Larry wasn't owed any money and didn't owe his brother-in-law any money either. How many hours did Larry work and how many hours did he idle? -Riddles

Description : Lazy Larry agreed to work on a job for his brother-in-law for thirty hours at eight dollars an hour, on the condition that he would forfeit ten dollars per hour for every hour that he idled. At the ... -in-law any money either. How many hours did Larry work and how many hours did he idle? -Riddles

Last Answer : Lazy Larry worked 16-2/3 hours and idled 13-1/3 hours. 16-2/3 hours, at $8.00 an hour amounts to the same amount as 13-1/3 hours at $10.00 per hour.

What Amount of money owed by a country to its lenders?

Description : What Amount of money owed by a country to its lenders?

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Who was owed the huge dept left over from the Ameican Revolution?

Description : Who was owed the huge dept left over from the Ameican Revolution?

Last Answer : Need answer

What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?

Description : What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?

Last Answer : What is the total amount of money owed if $1,250 was borrowedfor four years at 3.5% interest?

Why did some southern states disagree with Hamilton's plan for paying off the money that states owed after the Revolutionary War?

Description : Why did some southern states disagree with Hamilton's plan for paying off the money that states owed after the Revolutionary War?

Last Answer : Feel Free to Answer

In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Last Answer : Feel Free to Answer

When polocy loan plus interest owed exceeds death benefit?

Description : When polocy loan plus interest owed exceeds death benefit?

Last Answer : What is the answer ?

What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?

Description : What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?

Last Answer : What is the total amount of money owed if $1,250 was borrowedfor four years at 3.5% interest?

Demand for Money Owed?

Description : Demand for Money Owed?

Last Answer : Get StartedThe only permissible purpose of the Demand for Money Owed letter is for a creditor to collect debts owed to that creditor. The person preparing and signing this letter MUST ... comply with the stringent requirements of theattorney general's officeor a lawyer for additional information.

how much tax is owed for single no dependents with income of $50,000?

Description : how much tax is owed for single no dependents with income of $50,000?

Last Answer : what will be the tax owed on $60,000.00 for single and no dependents?

I got scammed from Match.com ,, love internet , love affairs , this man gave me all fakes infos about him .. he owed me so much money , he told me he lived in Uk , I do believed he lived in California. USA. Pls email me ,if i have a case on this matter?

Description : I got scammed from Match.com ,, love internet , love affairs , this man gave me all fakes infos about him .. he owed me so much money , he told me he lived in Uk , I do believed he lived in California. USA. Pls email me ,if i have a case on this matter?

Last Answer : I think you need to report the incident to the Match.com customer service department. You should also try to get a refund on the amount you paid.

Find the amount John owes at the end of 6 years if $5500 is loaned to her at a rate of 4% compounded monthly. The amount owed is?

Description : Find the amount John owes at the end of 6 years if $5500 is loaned to her at a rate of 4% compounded monthly. The amount owed is?

Last Answer : 7445

What is the term used to indicate a statement of what is owned and what is owed?

Description : What is the term used to indicate a statement of what is owned and what is owed?

Last Answer : Assets and Liability statements

To gain market share Lada entered car markets with a comparatively low price. One of the negative side effects of taking this pricing position is A)a negative impact on consumers' perceptions of quality. B)competitors can match the price. C)a high return on investment levels affecting tax balances owed. D)poor survival chances in the market.

Description : To gain market share Lada entered car markets with a comparatively low price. One of the negative side effects of taking this pricing position is A)a negative impact on consumers' perceptions of ... high return on investment levels affecting tax balances owed. D)poor survival chances in the market.

Last Answer : A)a negative impact on consumers' perceptions of quality.

When is the right time to invest in a company that is under chapter 11 Bankruptcy?

Description : When is the right time to invest in a company that is under chapter 11 Bankruptcy?

Last Answer : no time is right time to invest in such company

Under the Insolvency and Bankruptcy Code, 2016, the fees of the liquidator is paid from the proceeds of sale of the ____________of the corporate debtor. a) unencumbered liabilities b) liquidation assets c) liquidation fund d) unencumbered reserves

Description : Under the Insolvency and Bankruptcy Code, 2016, the fees of the liquidator is paid from the proceeds of sale of the ____________of the corporate debtor. a) unencumbered liabilities b) liquidation assets c) liquidation fund d) unencumbered reserves

Last Answer : b) liquidation assets

Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Last Answer : c) Payment of wages to employees

Who determines the amount of claim due to a creditor under the Insolvency and Bankruptcy Code, 2016? a) Committee of Creditors b) Resolution Professional c) Adjudicating Authority d) Corporate Debtor

Description : Who determines the amount of claim due to a creditor under the Insolvency and Bankruptcy Code, 2016? a) Committee of Creditors b) Resolution Professional c) Adjudicating Authority d) Corporate Debtor

Last Answer : b) Resolution Professional

Did you file your taxes yet?

Description : Did you file your taxes yet?

Last Answer : Yes, we filed. Yes, we got a refund. Yes, it’s gone. Credit card debt.

If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

Description : If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

Last Answer : answer:I just did mine through the TurboTax free edition. I got my w2 on 1/15, filed on 1/18. The IRS began processing refunds on 1 / 30. Mine cleared in my bank account on 2/8. They’re pretty damn quick. Direct deposit is the way to go.

Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?

Description : Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?

Last Answer : You’d be better off with an accountant for this question.

Should I file my taxes online or see a tax consultant?

Description : Should I file my taxes online or see a tax consultant?

Last Answer : I love TurboTax. I did my own taxes for many years, then I had HR Block do it for a few. Unless your taxes are really complicated, TurboTax is the cheapest, easiest way to do your taxes.

I'am leaving the military soon, do I file unemployment through the state I've been paying taxes to (Wash DC) or the state I'm currently in (TN)?

Description : I'am leaving the military soon, do I file unemployment through the state I've been paying taxes to (Wash DC) or the state I'm currently in (TN)?

Last Answer : answer:Are you sure that you're entitled to beneifts? There are many special issues with milittary employment, as it's not the standard type contemplated by unemployment insurance. I'll say this: the state ... be employed in that state for a number of years. Let me know if you need clarification.

If a person works two jobs can they file seperate income taxes?

Description : If a person works two jobs can they file seperate income taxes?

Last Answer : answer:Not unless you have two social security numbers. ;-) The payments from the two jobs will be added together. You will have 2 W-2 forms (or 1099 forms) but the amounts will be totaled on your tax form.