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

Reaffirm or Foreclose- What?

310.376.9865 As part of my day I read a bankruptcy attorney’s listserve, where bankruptcy attorneys across the United States post questions. One bankruptcy attorney from Indiana posted a letter sent to his client by the bank holding the mortgage on his home. If the client did not immediately reaffirm his debt, the bank was going