Bankruptcy Law- Using Chapter 7, 11 or 13 of the Bankruptcy code to help with your tax debt.
The Bankruptcy Statutes and Laws help people who can no longer pay their creditors in full. However, not all taxpayers are eligible for Bankruptcy relief and it does have its limitations. A New York Lawyer can help explain the costs and benefits of filing for bankruptcy protection versus applying with the IRS or NYS Tax Department for a payment plan or Offer in Compromise. Only when you compare all of these approaches will you know the best solution to your tax problem.
Please review this overview of bankruptcy basics, and then contact a us for a no-cost consultation to speak with us to find out if the Bankruptcy laws provide a solution to your tax problem: