It depends.  Payroll or employment taxes are comprised of two parts which include the following: 1.  The employer portion; and 2. The employee portion. The employer portion of payroll taxes can be discharged if the following conditions are met: 1. More than three years between the date the 941 tax return was due and the…

I receive a lot of calls about garnishments.  Many people are concerned that a creditor or a collection agency can garnish their bank account or wages.  The one thing you have to remember is that a Garnishment is not allowed until a court has entered a Judgment against you.  No creditor or collection agency can…

If you get sued by a creditor you will receive a Complaint either by personal service or by certified mail.  If you are personally served with a Complaint, you have 21 days to answer the Complaint.  If you are served by certified mail, you have 28 days to answer the Complaint. To prepare your Answer…

Generally, a bankruptcy should have no impact on eligibility for federal student aid.  However, most bankruptcies will impact the eligibility for a private loan.

All home owners should be cautious in dealing with any organization that attempts to charge a fee for housing counseling or modification of a delinquent loan.   The scam artists will attempt to require a fee in advance.  Often in the majority of cases, the scam artists never perform any work and simply steal your money….