Jay King is a owner of BankruptcyIntro.com. We've all heard of large companies filing for bankruptcy or "going bankrupt" and most of us would think that particular company must be in trouble.
It is that time of year again. The deadline for filing your taxes is slowly approaching. If you are thinking about filing for bankruptcy you may be wondering if your file for bankruptcy can discharge your tax debt.
A reaffirmation agreement is an agreement between a creditor and debtor in which it is agreed upon that a debt, which would otherwise be discharged as part of filing for bankruptcy by means of a chapter 7 bankruptcy, will be paid.