Understanding Bankruptcy & Taxes
If you are struggling with debt, there is a good chance you owe money in taxes. Unfortunately, tax debt is one of the trickiest things to deal with in bankruptcy. There is no simple answer to what happens to tax debt in bankruptcy, but there is a good chance you will be stuck with it no matter what you do. Luckily, an experienced lawyer can help you explore your options and find solutions.
At the Phoenix law offices of Ben Wright, we are dedicated to helping people get debt relief solutions. Whether tax debt is your sole concern or it is just part of a larger debt problem, we will help you find a plan that works. Attorney Ben Wright has helped people with all kinds of debt concerns find relief.
Discharging Tax Debts in Arizona
A discharge is a permanent court order indicating that discharged creditors are forbidden by the bankruptcy court to pursue collection activities against a debtor in connection with the debtor’s personal liability. However, this does not extend to debts that were not discharged.
Unfortunately, most tax debts are not dischargeable. Much like student loans, child support and alimony, you are stuck paying tax debts no matter what action you take in bankruptcy court. This is the case for most federal, state and county taxes.
Just because you probably have to pay off your tax debt does not mean there are no solutions available to you. From our Phoenix offices, we help people across Arizona come up with debt relief plans. Every step helps. Call (602) 648-3274 or contact us online today for a free initial consultation regarding your tax debt.
We are a debt relief agency. We help individuals and businesses file for bankruptcy relief under the Bankruptcy Code.