Bankruptcy Taxes in Massachusetts
Generally, taxes debts are not dischargeable in a Chapter 7 or Chapter 13 bankruptcy, although a Chapter 13 bankruptcy is more tolerant than a Chapter 7 bankruptcy. However, there are exceptions to this rule. If you owe personal taxes that are greater than three years old, and have filed taxes for those years, you may be able to eliminate those tax debts by filing a bankruptcy. If you have not filed taxes for those years, you would have to file prior to the bankruptcy filing in order for them to be considered for discharge.
Secured owed taxes must be included in a Chapter 13 bankruptcy because they are considered priority, and payments will be made during your plan without interest. Daigle Law Office is experts at determining which tax debts are dischargeable, and which are not. If you owe back taxes that are not dischargeable, Daigle Law Office can negotiate a payment plan that will best suit you.
Taxes are always a complicated matter, especially because you are dealing with the government. It is best to discuss your circumstances with an experienced bankruptcy lawyer at Daigle Law Office, instead of trying to figure out the Laws yourself.
To schedule a free consultation, please call Daigle Law Office today at our Cape Cod: 508-470-4293 or Norwell office: 781-561-1220.