Does Bankruptcy Mess with Your Taxes

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When financial crises loom, bankruptcy often emerges as a crucial relief strategy. At Ursulova Law Offices, P.C., based in Brooklyn and Garden City, New York, we frequently encounter questions about the intersection of bankruptcy and tax obligations. It’s vital to grasp this interaction to plan effectively for financial recovery. Tax Liabilities in Bankruptcy Bankruptcy doesn’t… Read more »

Discharge NTS Debt Through Bankruptcy

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Non-Taxable Status (NTS) debt encompasses obligations that are not subject to income taxes. These often include various forms of unsecured debts like credit card bills, medical expenses, and personal loans. Understanding the nature of these debts is crucial for individuals considering bankruptcy as a solution to their financial woes. At Ursulova Law Offices, P.C., we… Read more »