When individuals file for bankruptcy, they usually believe that they cannot discharge their tax obligations. However, some of these tax obligations may be discharged in a bankruptcy filing.

In some cases, none of the tax obligations can be discharged. Certain obligations, though, may discharged depending on the type of tax owed, the age of the tax obligation, and whether the individual filed a tax return.

If you have questions about which taxes can be discharged, contact the Birmingham bankruptcy lawyers of Paula Greenway at 205-324-4000.

When individuals consider filing for bankruptcy, their first step is often to visit a lawyer. Before this meeting, individuals should collect and prepare a number of documents.

These documents include a list of creditors, outstanding loans, any secured debt, and any lawsuits related to these debts. Individuals should also bring bank statements from the last 90 days and a list of monthly expenses, including clothing, housing, and transportation.

If you or anyone you know is considering filing for bankruptcy, contact the Birmingham personal bankruptcy attorney Paula Greenway at 205-324-4000.

Bankruptcy filings across the country increased by 31.9% last year. According to a report released by the Administrative Office of the U.S. Courts, bankruptcy filings totaled 1.4 million in 2009.

The bankruptcy filings included 60,837 business-related filings, which represented a 40% increase from 2008. Alabama was one of the five states with the greatest amount of bankruptcy filings per capita.

If you or anyone you know has considered filing for bankruptcy, contact the Birmingham bankruptcy lawyer Paula Greenway at 205-324-4000.