If your debt struggles have gotten in the way of other financial concerns like filing your taxes, you may be wondering whether bankruptcy protection is still available to you. The answer depends of several factors and varies from person to person.
There are important considerations to keep in mind when it comes to unfiled taxes, tax debts, and bankruptcy. To speak with a bankruptcy lawyer about your personal tax and bankruptcy situation, please fill out the case review form below today.
If you have not filed your tax returns (whether for a single year or for many years), this may affect your ability to file for bankruptcy. Copies of your tax returns may be required as part of your filing. You can discuss your ability to file with local bankruptcy attorney.
It's also important to understand how the bankruptcy court will view your tax debt.
The specifics of how taxes are handled by the bankruptcy court vary widely depending on an individual filer's circumstances (and depend on factors such as the age of the tax debt, whether a return was filed, what type of tax debt was involved, what type of bankruptcy a filer chooses and more).
If you're interested in learning about how your tax debt might be handled if you file for bankruptcy, please take this opportunity to speak with a bankruptcy attorney practicing near you.
You can arrange a free, no-obligation bankruptcy consultation with a local attorney today. Just use the free case review form below to get started.
The above information is for informational purposes only and is not legal advice. Consult an attorney in your area for legal advice on your particular situation.