That would depend on the total household income and whether and when you would qualify for Chapter 7 bankruptcy.

The means test is a formula which requires substantial information in order to do the calculation. I recommend that you consult with, and hire, a...

Non US residents who receive interest income from a US bank are not required to pay taxes on the interest so long as the interest is not...

You will have to report as income the amounts you receive from selling your property. However, that income is being generated by the sale of goods,...

There is no income tax in Florida. Therefore, beneficiaries would not owe any taxes to the state of Florida for the inheritance received. Likewise,...

Since Florida does not have a personal income tax, no tax is due to the state of Florida. However, New York does have state income tax and also...

No, that is not necessarily true. Omission of more than 25% of your income and fraud are two of the exceptions to the 3 year rule. There are other...

You should discuss this matter with the attorney who handled the Chapter 7 bankruptcy as there are many issues such as was the second mortgage lien...

Gross income does not include damages received on account of personal physical injuries and physical injuries. IRC 104 A taxpayer may exclude...

Bankruptcy is a complex procedure. From your question, it appears that you are trying to do it yourself. I discourage it as you have no idea what...