The recent tax season is behind us unless the taxpayer decided to file an extension. With a year under our belt with the new tax laws, it is now a perfect time to reevaluate the number of withholdings used and make any changes with employers as soon as possible. This will sidestep tax season surprises (good or bad), or it can ensure that the taxpayer gets a bigger refund next year.
Most of us need a mortgage to buy a home. So determining the size of a mortgage is likely the most critical part of the process, some may argue it is more important than picking the actual house or condo.
Many who file for bankruptcy know that they are doing the right thing, but they likely still have mixed emotions about it. Nevertheless, they are hardly alone -- there were 767,721 bankruptcies filed by non-businesses in 2017.
Deciding to move forward with Chapter 7 bankruptcy may have brought about mixed feelings for you. You may have felt somewhat defeated because you believe that you somehow caused your financial affairs to get out of control but may have also felt somewhat relieved in knowing that you have chosen to take a path to get your financial affairs back in order.
The Supreme Court of the United States recently unanimously ruled in Taggart v. Lorenzen that creditors could be held accountable if they continue to harass those who have had their debt discharged through bankruptcy.