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Can bankruptcy help with income tax debt?

April 26, 2017Bankruptcy debt help

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Can bankruptcy help with income tax debt?

2 Answers

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The age of tax debt usually determines whether an individual can wipe-out these types of debts. Also, a Repayment Plan (Chapter 13) may be able to help debtors with back taxes that are not old enough to discharge in a Chapter 7.

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Posted

The age of tax debt usually determines whether an individual can wipe-out these types of debts. Also, a Repayment Plan (Chapter 13) may be able to help consumers with back taxes that are not old enough to discharge in a Chapter 7.