HOW BANKRUPTCY CAN HELP WITH OLD TAX DEBT
Most people think that if they have tax debt they are stuck with it forever. That's not necessarily true.
Both Chapter 7 and Chapter 13 bankruptcy can reduce or eliminate federal and state income taxes, property taxes, and taxes on gross receipts that are three or more years past due. Some of your tax debts may be wiped out completely; others may be negotiated so you can pay them off at a rate you can afford over a number of years.
There are a number of very specific rules regarding which taxes can be discharged, the conditions you must meet to discharge them, and when a tax assessment becomes dischargeable. Rhode Island tax bankruptcy attorney John Simonian can explain all of these details to you in a free initial consultation at his Providence law office. He can provide bankruptcy services to help you get past due tax obligations discharged or reduced.
If you are being hounded by the IRS or a state taxing authority about the back taxes you owe, call Attorney Simonian's office at 401-941-4800 and take action today to:
- Stop demand letters
- Stop wage garnishment
- Stop the seizure of your assets
- Cancel arrest warrants and recover your drivers' license if you owe taxes in Rhode Island
TAKE THE FIRST STEP TOWARD GREATER PEACE OF MIND
Contact Rhode Island tax bankruptcy lawyer John Simonian today. He has helped many struggling taxpayers get back on solid financial footing. He can advise you of your options and help you with a bankruptcy filing. He assists clients in both Rhode Island and Massachusetts.
Bankruptcy Lawyer for Rhode Island & MA.
474 Broadway Pawtucket, RI 02860
phone: 401-941-4800 fax: 401-785-8313