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How Will the Chicago Debt Crisis Affect Residents Struggling with Debts of Their Own?

It’s tough enough to struggle with your own debt – but what if you were also on the hook for your city’s massive financial troubles? That’s exactly the problem facing thousands of Chicago residents today. Despite its position as an economic powerhouse in the Midwest, the Windy City is in trouble. Decades of financial mismanagement… Read More »

Can I Discharge Income Tax Debt With Bankruptcy?

With tax day fast approaching, many folks are understandably concerned about their finances. In fact, one of the most common questions we get asked around this time of year is whether income taxes can be wiped out with bankruptcy. The short answer is that it depends. Federal and state income tax debt can indeed be… Read More »