• Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Tax Debt Bankruptcy Considerations

tax debt bankruptcy considerationsBen Franklin once famously declared that nothing is certain in life except death and taxes. Your tax debt in bankruptcy might, however, expunge you of the taxes you owe to the exchequer. That also is only in certain cases. Not all of your tax debts will suddenly be written off. In most cases, you will have to pay your taxes. In a chapter 13 bankruptcy, you will need to re-plan your taxes but will have to pay them off as you owe them. If you are looking for a complete write-off, your chances are slightly better with a Cahpter7.

Tax debt

There are, as you know, a number of taxes that the government charges you and you are required to pay all of them. So if you are facing bankruptcy and are facing a few pending taxes, you might be applicable for a discharge. Discharges, however, are not that easily handed out. What you cannot discharge is a federal tax lien. If the IRS has already filed a lien on your assets before you file for bankruptcy, then you will still have to pay, whether or not you qualify.

Tax Debt Bankruptcy Considerations

Unlike a chapter 13, there are a few conditions under which you might be able to discharge your tax debts during a chapter 7.

• Income taxes get written off. All other forms of taxes including payroll taxes and penalties and all other taxes will need to be paid.

• There is no sign of fraud or evasion from payment of the tax.

• The debt is 3 years old, minimum, before filing for bankruptcy.

• Returns have been filed.

• The assessment from the IRS should have happened 240 days before the filing.

Unless the above criteria are fulfilled, you will still owe the government taxes. You are better off keeping your tax payments up to date. If you are experiencing tax debt problems, contact a Sacramento bankruptcy lawyer to discuss your options.

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