Alabama Bankruptcy Lawyers
We often work with people struggling with debts who owe money in taxes. Tax debts, unfortunately, are one of the most difficult types of debt to deal with in a bankruptcy. While some tax debts are dischargeable, there are many restrictions and there are no simple answers in bankruptcy. You may be stuck paying the taxes down now matter what. However, you may have options to improve your overall financial picture.
At the Birmingham law firm of Gina H. McDonald & Associates, our attorneys are dedicated to helping our clients find effective debt relief solutions. If your tax debt is your sole financial concern, or if it is just a part of a larger accumulation of debts, our firm can help you find a plan that works. We have experienced helping clients throughout Alabama deal with a wide range of debt concerns.
Is Discharging Tax Debts Possible in Bankruptcy?
There are certain types of debt that cannot be discharged. Student loans and child support are two common examples. Most tax debts are also not dischargeable no matter what action you take in bankruptcy court. This includes most federal and state taxes, as well as county taxes. When debts are discharged, debtors are permitted from collecting on those debts. If a debt was not discharged in the bankruptcy, however, collection activities may persist.
Fortunately, in some cases, filing for bankruptcy can help to discharge other debts that you may be facing, which can make it easier to pay off tax debts in a timely fashion. We will help you explore your situation to find the right answers.
Tax Debts and Bankruptcy in Alabama
Schedule an appointment and talk with one of our experienced lawyers about tax debts and bankruptcy. We have offices in Birmingham and Oneonta. Contact our firm by e-mail or by calling us toll free at 888-412-9047.