Monday, April 27, 2015

Can Bankruptcy Wipe Out Tax Debt in Georgia?

Good news: bankruptcy can wipe out many tax debts. Both federal and state income taxes can be addressed in bankruptcy if specific conditions are met.

At King and King, we work with our clients to make sure that any possible debts that are eligible for discharge, including back taxes, are considered as part of their bankruptcy proceedings.



Eliminating Tax Debt Through Bankruptcy
If you have tax debt, we will determine whether that debt is eligible to be wiped out (discharged) as part of your bankruptcy. By learning how old the debt is, whether you have filed a tax return for the debt and other basic information, we will be able to determine what options are available to you. Handling taxes in a bankruptcy case is complex, so make sure you’re working with a bankruptcy attorney that can protect your interests.


The next step is to speak to one of our experienced attorneys to find out if bankruptcy can help you with your tax debt. Call King and King for a free consultation today at 404-524-6400 or visit us online at www.kingandkingattorneys.com for more information.