Can bankruptcy eliminate tax debt?

It’s not for everyone, yet for some people bankruptcy can quickly erase IRS and State tax income tax. The problem with bankruptcy is that many people fail to understand how the bankruptcy rules work along with the tax code. Even the smartest tax professionals get it wrong.

Faith Firm gets it right. Using bankruptcy to obtain tax relief is not guess work for us. We have eliminated millions of dollars in tax debt since 1998.

Three types of bankruptcy may prove highly effective in eliminating tax problems; they are Chapter 7, Chapter 13 and Chapter 11. Whether bankruptcy is right for you, and what chapter is right for you, is a question best answered by consulting with an experienced tax attorney.

If you would like more information, get the Faith Firm free book The Truth about Tax Settlement and Alternative Tax Solutions