Many people believe that IRS debt cannot be included in a bankruptcy. This is not true. Older IRS debt may be dischargeable in a Chapter 7 or Chapter 13 bankruptcy. Even if your tax debt is recent, a Chapter 13 will allow you to repay the tax debt through a Chapter 13 Plan payment. There are several rules that determine whether or not IRS debt and State tax debt is dischargeable.
Schill Law Group’s bankruptcy attorneys have helped many clients discharge tax debt through a Chapter 7 or Chapter 13 bankruptcy. They will examine your tax transcripts to determine if you are eligible for a complete discharge of your IRS debt. They can also assist you in an offer in compromise if your tax debt is not eligible for a bankruptcy discharge. Please contact our office for a free consultation so that we may determine whether you qualify for a discharge of your tax debts through a Chapter 7 or Chapter 13 bankruptcy.