Advantages of Paying Your 2012 Income Tax through Chapter 13
If you expect to owe 2012 income tax, you may be able to take care of it simply by paying less to your other creditors.
chapter 7
Paying Your 2012 Income Taxes on the Backs of Your Other Creditors
If you expect to owe 2012 income taxes, and you file bankruptcy after December 31, that tax can be “included” in your case.
“Converting” Your Chapter 13 Case into a Chapter 7 One
When you start a Chapter 13 plan, it’s good to have Chapter 7 available as a backup plan.
Dumping Your Chapter 13 Case Midstream
You can usually get out of an ongoing Chapter 13 “adjustment of debts” bankruptcy case by simply asking to do so.