THE LAW OFFICE OF PAUL TOSCANO

Protecting your assets

Taxes in Bankruptcy

It’s tax season. Accountants are swamped, and taxpayers are stressed. It’s important to remember that unpaid income taxes can be discharged in a Chapter 7 bankruptcy if three years has elapsed since the date the tax return in question was due without being late. Trust...

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Fear Not Bankruptcy

“Fear not,” is the common greeting of angels to poor shepherds. Sometimes what’s best for people is also scary. People are scared of bankruptcy, even though it is the best way to deal with unmanageable debt. If your fearful or embarrassed about filing a bankruptcy...

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