Overdue tax debts can be a heavy burden, and they can pose significant impediments to your financial freedom. The IRS or the state of Pennsylvania can levy your bank accounts or your wages in connection with tax debt. They can also put liens against your accounts, your property or other assets, and eventually seize them.
At the Law Office of Stephen Ross, our Pottstown bankruptcy attorneys understand how difficult it is to alleviate yourself of the tax treadmill you cannot seem to catch up on while trying to meet other financial obligations. Our knowledge of tax law and extensive experience with consumer bankruptcy can help you discharge tax debt through Chapter 7 bankruptcy.
As soon as you file for bankruptcy, an automatic stay will be placed on your property and assets, and we will work to discharge all unsecured debts, including tax debts.
Tri-County Norristown Chapter 7 Bankruptcy Attorneys
Potentially, we can discharge past tax debt if it is from more than three tax years ago, and you filed the tax return more than two tax years ago. You will gain the benefit of debt discharge, and it will help you alleviate the tax treadmill that is putting you farther and farther behind with a state or IRS tax problem. Once you file for bankruptcy, state and federal tax collection agencies cannot charge additional fines, so every remaining payment you make is payment on the principal.
We can stop wage garnishment, bank account levies, property liens, foreclosure actions, sheriff's sales and other asset seizures with a Chapter 7 bankruptcy filing. Our lawyers are strategic, yet practical in providing you with solutions in debt relief that are effective and efficient. We will evaluate your particular financial situation in full and lay out options that allow us to pursue your best interests toward a fresh financial start. Our experienced representation can overcome your legal and financial troubles while keeping you informed throughout the process.
Contact Our Pottstown Consumer Bankruptcy Attorneys Today
Our attorneys are ready to discuss your concerns and provide answers. Contact our Pennsylvania debt relief law firm today to learn more about what we can do to help you overcome your legal troubles at 610-323-5300 | 800-799-1948.
