Q: Can I file bankruptcy for all my credit cards 2 loans medical bills and back taxes
When you file for bankruptcy relief, you must sign several bankruptcy Schedules showing ALL your estates and ALL your debts, and swear to their accuracy. You cannot leave anything out.
Credit card and medical bill debts are generally unsecured, i.e., there is no collateral securing repayment. Unsecured debts, generally, are dischargeable.
Certain types of taxes are dischargeable, including income taxes, IF you have filed tax returns showing those taxes as due, more than two years and four months prior to the date you file for bankruptcy relief.
A: You can always include taxes in a bankruptcy. The question is, will all or part of the tax debt be dischargeable? That depends upon whether or not you filed tax returns for those years and when the taxes were assessed. You should contact an expreienced bankruptcy attorney for a personal consultation to see if filing bankruptcy will achieve your goals.
A: Bankruptcy sounds like a good solution to the debt you mentioned.
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