Cost of Bankruptcy Articles - Archive: September 2008

According to the rules of surplus, medical expenses are deducted from income and not the end result. Therefore a disabled person incurring $200 a month in medical expenses only pays $100 less in his monthly surplus payment than his healthy friend with the exact same income amount. Do you believe this to be fair? Posted [...]

Having only disability pension income, I will be required to make a monthly tax payment during my bankruptcy. My question is , `who` will hold onto this tax money? Also, I am afraid of the trustee estimating too high as this will result in a tax rebate which HE is entitled to keep. Posted from: [...]