Many people are familiar with the myth that unpaid taxes cannot be resolved by filing bankruptcy. The notion that taxes are a prime example of debts that cannot be covered by bankruptcy is often repeated. The problem with this type of simplistic statement is that it does not take into account specific circumstances and individualized strategies.
In fact, federal tax debt may be discharged through a Chapter 7 or Chapter 13 bankruptcy if certain criteria are met. No blanket statement on a website such as this can necessarily address your individual case. Determining dischargeability of taxes through bankruptcy is, in fact, a complex matter that requires careful evaluation by knowledgeable professionals.
If The Crow Law Firm represents you in Chapter 7 or Chapter 13 bankruptcy, we are prepared to work with your tax preparer or certified public accountant (CPA) to review all relevant factors. If your state or federal tax problem can be resolved through bankruptcy, we will find a way. Our lawyers are problem solvers and staunch allies of our clients who seek our advice about debt relief.
Request A Free Initial Consultation About Bankruptcy And Your Unpaid Federal, North Carolina Or South Carolina State Taxes
If solving your tax problems through bankruptcy is an option in your case, we are prepared to walk you through all necessary steps. Other concerns, such as mortgage problems or car loan problems, are also important to review. Your debt relief goals are our concern. Call or send an email to request a consultation with one of our Monroe bankruptcy attorneys.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.