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Certain tax obligations are dischargeable or can be somehow managed in bankruptcy. The primary relevant factors are the age of the taxes (determined by calculating from the date the returns were first DUE), the date of assessment of the taxes (determined by the taxing agency), the dates you filed your returns (IF they were filed) and whether you attempted to evade payment of the tax by fraud.
Whether you can discharge these taxes depends on a combination of the above factors (and certain other miscellaneous factors) AND under what chapter of bankruptcy you file.
Tax Dischargeability analysis is extremely tricky and the only way to correctly determine if taxes are dischargeable in your case is to obtain an official "literal" tax transcript (record of account) from the taxing agency and have it analyzed by a bankruptcy attorney or tax professional with specialized knowledge in this area. This transcript can be obtained from the Internal Revenue Service by calling 1-866-860-4259.
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Does your bankruptcy affect a mortgage still held in both your names even though you are divorced?
Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.
Can you file bankruptcy on the IRS in Washington state?
No. Federal taxes may not be discharged regardless of which state the bankruptcy is filed.
What a bankruptcy laws regulating by?
The federal government and the state
What can you own when you go bankrupt?
If filing a federal bankruptcy, federal BK exemptions apply. If filing a state bankruptcy, the state's exemptions apply. A few states allow the debtor to choose either state or federal filing whichever is the most beneficial to the debtor. Bankruptcy Action, http://www.bankruptcyaction.com
Do state supreme courts hear bankruptcy cases?
No. Bankruptcy cases go through Federal Bankruptcy Court, and are not part of the states' jurisdiction.
When filing bankruptcy can past child support be included?
No. Child support is not dischargeable in either federal or state bankruptcy.
Does bankruptcy fall under the federal courts or state courts?
ALWAYS a district court of the FEDERAL Bankruptcy Court system. The laws are Federal too, although, mainly to help conform to the local customs of the area that district court operates in, some provisions have State considerations.
What qualifies you to declare bankruptcy?
There are General Federal Laws that govern Bankruptcy. Each state may have additional laws regarding bankruptcy. So Is Best to consult an attorney or financial adviser in your state.
What about your car or airplane can you keep if filing bankruptcy for IRS debt?
You can't file bankruptcy "for IRS debt." You have to list all your debts and assets, and you can keep what you can exempt under state or federal laws. If you have little or no equity in an asset, you should have no problem.
Can you file bankruptcy in different counties in a state?
Bankrutpcy is filed in a FEDERAL BANKRUPTCY COURT, it covers all places the same.
How long do you have to wait to file bankruptcy again in Indiana?
Assuming it is federal bankruptcy, 8 years, the same in every state.
Can you file back child support in a bankruptcy in the state of Alabama?
Bankruptcy is a Federal process and has no effect on child support. Bankruptcy does not dismiss child support debts.
