200k Plus of IRS Debt Eliminated in Bankruptcy
I have had many cases where clients have used bankruptcy filing to eliminate IRS debts that totalled hundreds of thousands of dollars. At times working with the IRS becomes impossible and I suggest that the client consider filing bankruptcy to stop the IRS from attacking. The IRS has payment plans and reductions in debt owed, but sometimes it makes more sense for the client who qualifies, to discharge their debts in bankruptcy. The IRS debt must meet some specific tests, must be income tax from a return previously filed or assessed, and also meet some other tests. Some cases are just easier and wiser to settle with a bankruptcy than through the IRS system. If you find yourself owing the IRS, my advice is to seek out good counsel who actively practices in both areas of tax and bankruptcy to find out the best path to get your life back on track.
Call my office to set up your consultation today. Todd Courser 810-245-0813