What You Should Know About Your Tax Debt

Consumers and small businesses generally have debt that falls into three categories: secured debt (like mortgages and car loans), unsecured debt (like credit cards and medical bills) and a third, more complex type of debt that can include things like child support and tax debt.

Tax debt is tricky and can be harder to resolve than unsecured and even secured debts. To complicate matters, some agencies and firms may advertise their supposed ability to settle tax debt for pennies on the dollar. But can they really deliver what they casually promise? Very often, the answer is no.

Some tax authorities, such as the IRS and state revenue departments, can be aggressive in their collection approaches, as you may have found out. Sometimes, unpaid taxes can even lead to criminal liability. Tax debt should not be trifled with, but in most cases, solutions are available.

Get The Honest, Practical Advice You Need

If you are in tax-related debt and you think bankruptcy could be right for you, get advice from a thoroughly experienced bankruptcy attorney in the Detroit area. Based in Livonia, Michigan, the law office of Charles J. Schneider, P.C., provides honest, practical advice about tax debt and other debt problems. We can help you address important issues like:

  • IRS collections and how to satisfy the IRS
  • The relationship between your tax debt and other debt
  • What bankruptcy will do (and not do) when it comes to taxes
  • Wage garnishment, levies and other potential consequences
  • The difference between dischargeable tax debt and nondischargeable tax debt
  • The difference between federal and state tax obligations

  • The importance of how old a particular tax debt is

Contact Us

Fill out our contact form or call us to get your tax questions answered. Our lawyers have extensive experience with tax debt and bankruptcy.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.