Can one wipe out FTB and IRS "debts" (back taxes) under Chap. 7 bankruptcy?
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Read More Answered By: Asaph Abrams |
11 USC 507 and 523 list criteria for income-tax dischargeability. Said criteria are sufficiently numerous and subtle-- and merit analysis of tax account transcripts--that I would not suggest or rely upon inherently-piecemeal Internet input. In sum, they can be wiped out sometimes, but I would consult with a bankruptcy specialist to ascertain whether YOUR tax debts are dischargeable. |
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