Paying Income Taxes through Chapter 13
Chapter 13's advantages in paying off your priority income taxes become clearer when you see what you don't have to pay.
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Skip to contentChapter 13's advantages in paying off your priority income taxes become clearer when you see what you don't have to pay.
Chapter 7 can prevent future income tax lien recordings against your home, if the tax is truly dischargeable and you have a no-asset case.
Chapter 7 can prevent future income tax lien recordings against your home, if the tax is truly dischargeable and you have a no-asset case.
Bankruptcy can prevent future income tax lien recordings against your home. The result: paying nothing on the tax vs. paying it in full.
Bankruptcy is about debts. Different categories of debts are treated differently. The categories are secured, priority and general unsecured.
If you want to hold onto your home, Chapter 13 gives you many extraordinary advantages.