| Bankruptcy

Bankruptcy: A Second Chance at
Financial Freedom

Ignoring debt can lead to financial instability.

Our aim is to protect your assets and income at all costs! Bankruptcies are designed to provide relief and protect those experiencing financial hardship. That’s what we are committed to obtain. Let our team guide you through every step of the process, from filing your petition to achieving financial freedom.

What is Bankruptcy?

Bankruptcy is a legal process designed to help individuals and businesses overcome severe financial difficulties. It allows for the liquidation of assets to pay debts or the creation of a repayment plan under court supervision.

How stressful can this situation be?

Break free from your debt by implementing effective and efficient legal protection. My Tax Problem Solved is here with you to provide expert solutions. Get in touch now!

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Your Financial Safety is backed by My Tax Problem Solved!

Karla Navarro, with her 20+ years of accounting experience and a specialized focus in tax representation for the past five years, can help you with bankruptcy. She leads an expert team dedicated to bankruptcy solutions, offering a suite of services designed for your financial reset:

How Can We Assist You with Bankruptcy?

My Tax Problem Solved Makes Your Financial Recovery Seamless

Bankruptcy Filing: Tailored Filing Strategies

Reduce your load with a customized bankruptcy filing strategy created by Karla Navarro, leveraging more than 20+ years of her experience.

Asset Protection Icon: Asset Assurance

Protect what's yours. Secure your assets and understand your exemptions with a detailed, strategic plan.

Credit Rebuilding Icon: Credit Rebuilding Blueprint

Map out your financial comeback. Receive expert advice for gradually restoring your credit score post-bankruptcy.

Bankruptcy isn’t the end. It’s a new beginning. Our dedication is to guide individuals and businesses through their toughest financial challenges toward a brighter, more stable future.

Karla Navarro, EA, CTRC

Founder & CEO

FAQs

When life throws financial curveballs like job losses or unexpected medical expenses, bankruptcy can be a tool to reset your finances. Solutions are at hand, and that’s where My Tax Problem Solved steps in to offer guidance and support.

A Chapter 7 bankruptcy remains on your credit report for 10 years, and Chapter 13 for 7 years. Recovering your credit score is a journey we can assist with at My Tax Problem Solved, providing steps to rebuild sooner.
Discharging student loans through bankruptcy is tough, but not impossible. You must prove that paying the loan causes undue hardship. Our team at “My Tax Problem Solved” can review your situation to determine if this approach might work for you.
Child support and alimony obligations remain in place even when you file for bankruptcy. At “My Tax Problem Solved,” we ensure that you understand how bankruptcy affects these commitments and help you maintain them during the process.
State laws often protect certain property from creditors, and “My Tax Problem Solved” can help you understand which of your assets may be exempt, ensuring you keep as much as possible.

In the U.S., bankruptcy is typically filed under three main chapters: Chapter 7, which liquidates your assets to pay debts; Chapter 11, which allows companies or individuals to reorganize their obligations; and Chapter 13, which creates a plan for you to repay debts with more manageable terms.

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My Tax Problems Solved helps taxpayers by finding the best solution to their tax problems so that they can have control over their financial life with a great client experience. 

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