COVID-19 Update: Due to The Current National Health Crisis, We Are Offering Phone and Zoom Meetings for All Clients To Help Keep You & Our Staff Safe. You Can Still File For Relief With The IRS Until Further Notice Remotely With Our Team.

Experienced Bankruptcy Lawyers That You Can Count On

There are times when the best course of action is to deal with tax debts through the bankruptcy
process. Your Tax Relief Team is also a debt relief agency under federal law, and we can
represent you in bankruptcy court and get the fresh start that you want.

Chapter 7 Bankruptcy

The Chapter 7 bankruptcy process can eliminate personal income tax debts that meet several
requirements. Tax debts due to unfiled returns cannot be discharged in a bankruptcy. An in-
depth evaluation by an attorney can determine what taxes can be eliminated in this way. There
are many other types of debts that can be discharged in a Chapter 7 bankruptcy in addition to
the taxes, so if there are other debts putting pressure on a family’s budget, bankruptcy can be a
more complete solution. Chapter 7 can also be a faster solution to debts problems, since they
typical personal Chapter 7 case takes about 4 months from the time the petition is filed with the
court to the time the judge signs a discharge order, saying the debts that are eligible for are
officially discharged.

Chapter 13 Bankruptcy

Chapter 13 is often referred to as a reorganization. It can be a viable solution for the right
situation, because it does have some limitations when it comes to dealing with tax debt. It is
important to file all of your tax returns before you file for Chapter 13 relief, because the IRS will
file an objection to the reorganization plan you file and stop your case dead in its tracks if all
returns have not been filed. Chapter 13 also can take up to 5 years to complete. If you have
other financial pressures that warrant this level of reorganization, this might be a good option. For more information about Bankruptcy and how it could affect you, visit https://mhpllclaw.com/.

Ready To Experience Tax Relief Freedom?