More Than 20 Years of Experience Helping Clients Seek Tax Debt Relief Through Bankruptcy
Tax debt relief through bankruptcy is complex. Some tax debts can be eliminated. Others cannot. There is no simple answer. To protect yourself, it is important to choose your bankruptcy lawyer wisely. You want someone who is familiar with not only the evolving laws surrounding bankruptcy, but how these rules and regulations govern the discharge of tax debt.
At the Dees Law Office in Springfield, Illinois, our lead attorney Brian J. Dees has more than two decades of experience helping clients find relief from tax debt through the process of bankruptcy. Please contact our law firm to arrange a consultation. We will take the time to answer your questions and carefully analyze your tax debt to see if filing for bankruptcy is in your best interest.
Tax Debt and Bankruptcy
Tax debt relief is not often a component of personal bankruptcy. However, in some Chapter 7 cases certain tax debts may be eliminated. Typically, recent taxes cannot be written off through bankruptcy. Older tax debts may be dischargeable if it has been at least three years since the due date of the tax return and at least two years since the return was filed, more by link fyi.extension.wisc.edu/toughtimes/considering-foreclosure-bankruptcy/bankruptcy/.
Chapter 13 bankruptcy will not allow you to discharge tax debt, but it may be possible to work the amount you owe to the IRS into your repayment plan. This could allow you up to five years to pay your tax debt without accruing interest or penalties.
Contact Us for a Consultation — Flat Rate Services Are Available
Please contact the Dees Law Office to schedule an initial consultation to discuss your financial situation. Evening, weekend and at-home visits are available by appointment. We charge a flat rate for our legal representation in bankruptcy matters.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.