There are two types of tax liens: property tax lien and income tax lien. Both liens have an impact on your bankruptcy, but the treatment may be different. The treatment will also depend upon whether you filed a Chapter 7 Bankruptcy or a...
Can I Discharge my tax debts in a Chapter 7 Bankruptcy?
As a general rule, tax debts are not dischargeable in bankruptcy. However, there are limited circumstances when a debtor may bankrupt their tax debt. The following must occur:
- The tax is income based;
- The taxes are more...
Can All Debts be Eliminated in a Utah Chapter 7 Bankruptcy
The primary goal of a West Jordan Chapter 7 Bankruptcy is that after discharge, you will be debt free, back on your feet, and receiving a fresh start to financial freedom. However, there are some debts that are generally not discharged in a...