Question
Will I still be required to pay my past due taxes after I receive my chapter 7 discharge?
Answer
When we file your bankruptcy case we will analyze your tax situation and will tell you which types of tax debt will be dischargable in bankruptcy and which isn’t. If you file a bankruptcy case it is possible that some of those taxes will be discharged, or that some of them or all of them will not be. You will continue to have to be responsible for them after the filing. However hopefully the reduction of all of your other debt will free up additional resources to take care of those IRS taxes and get them promptly resolved and paid in full.
If you have any more questions regarding bankruptcy, feel free to call Allmand Law Firm PLLC at 214-884-4020 or go to our website at – https://allmandlaw.com/.