Tax Debt
Bankruptcy & Tax Debt ReliefIf you need advice about tax liabilities in bankruptcy, contact bankruptcy attorney Gary Greule for reliable guidance about your options for local, state, and federal tax debt relief. At the Law Office of Gary D. Greule, in Citrus Heights, California, we advise consumer and small business bankruptcy debtors about such issues as the following:
Contrary to the common belief, tax liabilities sometimes can be discharged. If the tax returns were properly filed and they are more than three years old, they may be as dischargeable as any other unsecured debt. More typically, however, a state or federal tax claim that has been more recently assessed is excepted from discharge. It can be also be accompanied by drastic enforcement measures such as property seizures, liens, or garnishment. The automatic stay will relieve the immediate pressure of IRS or California Revenue collection efforts, and the payment of nondischargeable tax claims can be spread out over time in a Chapter 13 repayment plan. It's also sometimes possible to reach a compromise regarding tax debts in bankruptcy. Interest and penalties will stop accruing on the day the bankruptcy petition is filed. Arrangements can often be made to abate the collection of prepetition interest and penalties after the principal tax debt is paid in a Chapter 13 plan. In cases where you have a legitimate defense to a tax determined or assessed by the IRS or the state, we can usually work out a compromise during the bankruptcy case. With over 20 years of concentrated client service in the field, Sacramento bankruptcy lawyer Gary Greule has the experience to present your strongest possible case to any taxing authority. For further information about your prospects for tax debt relief, contact the Law Office of Gary D. Greule in Citrus Heights, California. We are a debt relief agency. We help people file for relief under the United States Bankruptcy Code. |
