are there any tax implications for filing chapter 7 bankruptcy?
TRANSCRIPT
Are there any tax implications for filing Chapter 7 bankruptcy?
A few years ago I settled a debt with a credit card company and I had to claim tthe part of the debt that was forgiven as income. Now here it is about 8 years later and I am having to file chapter 7, with all the $25K in unsecured debt that I have, will I have to claim this as income too?
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