Do you owe back taxes to the IRS ?

Posted on September 24, 2014. Filed under: Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney | Tags: , , , |

Filing bankruptcy may be able to provide help with the back taxes.

It is very important to discuss with an attorney all of your debt owed to the Internal Revenue Service. Take to your attorney all papers you have received from the IRS. Discuss with your attorney all conversations you have had with the IRS.

Often, back tax debt can be discharged in Chapter 7 bankruptcy if the tax debt is old enough and certain requirements are met.

Other times, it can be paid back to the IRS over time through a Chapter 13 bankruptcy.

Either way, there are often opportunities to deal with the back tax debt using bankruptcy. Don’t always assume that you can not wipe out tax debt in bankruptcy or not even deal with it.

Never assume anything about tax debt without talking with a qualified bankruptcy attorney first !

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