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Chapter seven with the Bankruptcy Code delivers for “liquidation” or discharge of sure debts to offer an trustworthy particular person debtor a “fresh new start off.” The individual debtor has no legal responsibility for discharged debts.“In cases like this, there is typically a continuing obligation of the debtor to file timely taxes and

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But he also handles cases for people with unfiled tax returns and unpaid balances. Russ lectures often for tax courses and business teams on how to solve federal tax liabilities...ordinarily allows All those with a regular earnings to pay their debts about a period of 3-to-5 years, and it consolidates These debts into one particular every month pay

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