Covington Bankruptcy and Tax Debt Lawyer

Chapter 7 Bankruptcy and Taxes

One of the many types of debts that individuals seeking bankruptcy protection may have are tax debts. These are unpaid taxes for which the Internal Revenue Service (IRS) or state tax collection agency may be contacting an individual about. You may be able to have your tax debts discharged through bankruptcy and stop the harassment from tax collectors.

Our Covington, Kentucky, lawyers at the law firm ofMichael E. Plummer & Associates, are highly experienced at handling tax debt issues. We have helped thousands of people throughout the Tri-State area file for bankruptcy and either have their tax debts discharged or repaid upon a structured and affordable tax repayment plan. Contact us today to discuss your options for regaining control of student loans.

Tax debts are generally dischargeable three years after they were due. This means that any tax debts from 2007 may be dischargeable starting in 2011. Whether they are state or federal taxes, we can seek to have them discharged as part of your Chapter 7 bankruptcy filing.

If necessary, we can put together an emergency filing on your behalf.

Chapter 13 Bankruptcy & Taxes

When tax debts cannot be discharged, Chapter 13 bankruptcy may be an appropriate option for you. Chapter 13 is a repayment plan through which we can arrange for you to repay your tax debts on a set schedule and in amounts that you can afford. When you repay tax debts under a Chapter 13 tax repayment plan, the payments are interest-free.