Houston IRS Tax Debt Lawyers
Bankruptcy Could Help You Settle Debt
One of the most widespread myths about bankruptcy is that it cannot address
any type of tax debt. In fact, people who are burdened with substantial,
past-due debts to the Internal Revenue Service (IRS), the state of Texas
or both should absolutely speak with a knowledgeable
Houston bankruptcy lawyer about their overall financial situations and potential solutions.
Call (713) 338-9009 right away to get the answers you need!
Bankrutpcy Could Be a Solution
The IRS has sweeping powers to collect on tax obligations. Those powers
extend to wage garnishment, tax levies on bank accounts and property seizures,
but it may be possible for you to get protection under the U.S. Bankruptcy
Code. Such actions can often be stopped or prevented through a timely,
well-prepared Chapter 13 bankruptcy filing.
Attorneys at the Guzman Law Firm have helped many people deal effectively
with complex tax debt problems. Our Houston bankruptcy lawyers are familiar
with the highly technical rules that apply, and we will not make false
promises or offer false hope.
However, the basic facts include:
Many aggressive legal actions, such as
wage garnishments, tax sales of property and bank levies, can be stopped immediately by
filing a bankruptcy petition.
- The benefits of paying taxes over a three- to five-year period as part
of a Chapter 13 plan are often considerable. Depending on the type of
tax you owe, it may enable you to avoid paying interest, for example.
In some cases, income tax obligations incurred many years ago can be eliminated
through either a
Chapter 7 or
Chapter 13 bankruptcy filing.
Help With Your Tax Debt Problems
With offices throughout the Greater Houston area, attorneys for IRS tax
debt relief through bankruptcy are ready to talk through your important
challenge. We offer a free consultation without any obligation or risk
on your part.