Back Taxes & Bankruptcy

310.376.9865 Are Back Taxes Dischargeable In Bankruptcy? Your bankruptcy lawyer will give you the typical law school response. “IT DEPENDS.” In fact taxes (both Federal and State) can be discharged (wiped out) in a Chapter 7 bankruptcy. There are several requirements that must be satisfied. Three Year Rule: The tax year in question must be

Los Angeles Bankruptcy- But no Foreclosure

                                     310.376.9865 You have a house or condo that is underwater. There may be Home Owners Association Fees (HOA). You are unable to pay the house payment any longer. Tried short sale, it may or may not go through, depending on what the bank decides, that day. The house goes into foreclosure, the house goes