Eliminating tax debt through a bankruptcy filing sounds ideal to a lot of people struggling with their finances. Bankruptcy laws in Arizona allow for some types of tax debt to be discharged, but not all. If you find that your tax debt is not dischargeable, do not despair. You still have options.
When you file for bankruptcy, even if your goal is not eliminating tax debt, you will have an...Read More
Will a bankruptcy discharge include your IRS tax debts? It can certainly help!
When you file for bankruptcy, an automatic stay takes place, preventing your creditors from collecting on debts, including tax debts. This will, at least temporarily, prevent the IRS from collecting from you. However, the end result varies, depending on the type of bankruptcy filed.
Not all tax debts are able to be...Read More