Lawrenceville Bankruptcy Lawyer
Contact the firm of George R. Belche, Attorney at Law in Lawrenceville, Georgia, to address tax debt through bankruptcy.
Can Tax Debt Be Discharged?
Some tax debt can be discharged in Chapter 7 or satisfied through Chapter 13-bankruptcy filing. The rules that determine this are complex and each decision is fact-specific. The best way to determine if your tax debt can be discharged is to contact attorney George R. Belche. Once we have an accurate picture of your debt and unpaid taxes, we can discuss your options with you.
What about Recent Taxes?
Generally, taxes must be at least three years old in order to be considered for discharge. The date is measured from the time the IRS first became aware of your tax obligation. Any tax returns filed within the last three years are ineligible for discharge.
In our firm’s ten-year history, we have helped clients eliminate between $20,000 and $30,000 in back taxes.
Discharging Heavy Tax Penalties
The IRS imposes heavy penalties for unpaid taxes. These fines as well as any interest accrued can constitute a significant portion of your tax debt. Even if we are unable to eliminate your tax debt, our firm can usually help you get your penalties and interest discharged, reducing your overall owed amount.
In addition, while filing for bankruptcy may not eliminate recent tax debt, it will certainly eliminate your unsecured debt enabling you to meet your obligations to the IRS.
Drowning in a sea of unpaid taxes? At the firm of George R. Belche, Attorney at Law, we have been helping clients file for bankruptcy for 15 years. We look forward to helping you through the bankruptcy process from beginning to end. Contact us today for a free initial consultation.
"We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code."