Can I File Bankruptcy For Taxes?

If you are interested in learning about any program we offer, just call: 1-877-766-2465 for a no pressure, no obligation consult, or visit: FREE CONSULTATION and leave your contact information. We do not ever share your information.

Can I File A Bankruptcy For Taxes?

In keeping with our philosophy of education and self empowerment today we are writing about a topic that even some bankruptcy attorneys are unaware of. Does that surprise you? Well. it should not. This is one of those topics where we separate the men from the boys. Information for this article came from Article From Tax Mamas Newsletter.

The answer to the question is yes, you can include taxes in a chapter 7 bankruptcy, provided that the taxes meet a certain criteria. The taxes owed are at least 3 years old.

The tax return must have been filed at least two years prior.

The tax was assessed at least 240 days before you file.

The tax was not assessed based on a fraudulent return or tax evasion.

No lean has as of yet been filed against you.

The tax liability did not result from trust fund penalties, in other words, taxes you as an employer were required to withhold from your employees.

If you would like a free consultation with an attorney in your state who specializes in bankruptcy, simply visit: Find a bankruptcy attorney.

If you enjoyed this article and are not presently a subscriber to the newsletter, but would like to become one, simply visit: Subscribe to the FREE Credit Counseling Newsletter.

Written By:
Steven Ciantro
Member National Association of Certfiied Credit Counselors
American Debt Enders
help@americandebtenders.com
877-766-2465

If you would like to receive a FREE Newsletter packed with Great articles on Free Credit Counseling and Self Empowerment thru Debt Freedom then:

Subscribe to our Free Credit Counseling Newsletter

You will receive periodic updates from our Free Credit Counseling Blog in Newsletter format. The blog provides unbiased relavant information from the best credit counselors in the country, including a link to Financial Talkcast Radio, devoted to debt solutions.

Enter your Email


Preview | Powered by FeedBlitz

Click here to visit the blog
www.freecreditcounselingblog.typepad.com/creditcounseling/