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Understanding Bankruptcy: Discharging Tax Debt

On Behalf of | Sep 6, 2024 | bankruptcy

Understanding Bankruptcy: Discharging Tax Debt

📢 Need help with discharging tax debt in bankruptcy? We’ve got you covered! 💼💪

Tax debt can be a tricky and worrisome aspect of bankruptcy for many Americans. But don’t worry, we’re here to guide you through it. 💼💡

While bankruptcy can clear some tax debts, not all are eligible for discharge. 😕

CRITERIA FOR DISCHARGING TAX DEBT

Discharging tax debt involves meeting specific criteria, including:

• Debt is at least three years old

• Honesty in filing returns

• Absence of a lien on your property

• Adherence to the jurisdiction’s specific rules

Feel free to reach out with any questions. We’re here to support you every step of the way! 🤝 You can contact us directly through our website at ravosalaw.com.

This is only intended to be information and does not constitute legal advice nor does it create any attorney-client relationship with the firm.