Tag Archives: filing bankruptcy
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If you are in serious debt and fail to take action to remedy the situation, the IRS may levy your property or garnish your wages. A levy is a legal seizure of your property in order to satisfy a debt. The IRS can levy property that you hold — including cars, houses or boats, or… Read More »
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Nearly every client we meet with wants to know what effect bankruptcy will have on their credit. First, it’s important to understand that your credit score is a history of payments to your creditors and that someone can have both good and bad entries reported. For example, someone could have paid all of their car… Read More »