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Latest revision as of 22:45, 4 February 2025

Ask ten people if you can discharge tax debts in bankruptcy and search for get ten different responds. The correct answer usually that you can, but only if certain tests are realized.

No Fraud - Your tax debt cannot be related to fraud, to wit, you will need to owe back taxes anyone failed with regard to them, not because you played funny on your tax profit.

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Three Year Rule - The taxes owed in question has with regard to for going back that was due incredibly least three years in prior. You cannot file bankruptcy in 2007 and work to discharge a 2006 tax arrears.

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