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I did short sales this year and will have a much larger tax bill I cannot pay next year from the forgiven debt. Should I liquidate my IRA to pay off my remaining unsecured debt this year then make an OIC next year? I have never been late in mortgage or tax payments.
Small business taxes Small business income tax Chapter 7 bankruptcy for businesses Chapter 13 bankruptcy for businesses Liquidating business assets Business real estate Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Credit Chapter 13 bankruptcy repayment plan Debt Bankruptcy liquidation Unsecured debt Bankruptcy and debt Chapter 13 bankruptcy reorganization plan Real estate finances Short sales Real estate and bankruptcy Real estate Business Estates Inherited Roth IRA and estate planning Estate property Taxes and estate planning Tax law