Eldridge Financial Review: Can filing bankruptcy help you discharge your IRS debt?
posted by mitchellreed 18 days ago under eldridge financial news, tom eldridge financial, eldridge financial blog, eldridge financial review-can filing bankruptcy h
Filing bankruptcy does not discharge your debts like student loan alimony, child support and so on. Your IRS tax debt might not discharge even after filing bankruptcy. If you have an option to get relief from tax obligation then avoid filing bankruptcy. You can successful discharge your IRS tax debt if you meet certain requirements. You can read further to know the eligibility requirement to file bankruptcy in order to discharge debt.
Know the chapter under which you can file: When you plan to discharge your IRS tax debts through bankruptcy then you are required to qualify under chapter 7 Bankruptcy in order to clear your debts. In case you are unable to qualify for chapter 7 bankruptcy then file under chapter 13 to eliminate your financial woes. You are required to undergo strict eligibility criteria despite you qualify for chapter 7 bankruptcy. » Eldridge Financial Review: Can filing bankruptcy help you discharge your IRS debt? |
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