Bankruptcy and Owing Taxes

spearmint

Senior Member

Bankruptcy Contributor

Joined: Feb 2009

Posts: 431

State: California
#1

Bankruptcy and Owing Taxes

11-17-2014, 09:15 PM

When you owe federal taxes, when is it advisable to file bankruptcy?
Tags: None
BKAttyMI

Senior Member

Bankruptcy Newbie

Joined: Jul 2010

Posts: 219

State: Michigan
#2

11-18-2014, 10:42 AM

A Chapter 13 bankruptcy can actually help you lessen your tax burdens, like penalties and interest. You should have a free consultation with a bankruptcy attorney in your area.

Any information posted by me is for general informational purposes only. While I am an attorney, I am not YOUR attorney and any information I provide is not legal advice.
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