irs taxes bankruptcy

irs taxes bankruptcy
All the lawyers out there? Tax lien situation where the IRS has garnished wages to the point of poverty, and resources?

This information is for a Friend, has consulted w / An atty. and stated that the only way a solution. This party did not have enough money for a settlement To sell assets to clear the tax liability. All garnished wages and personal property value (s), ie car has lien attached. Bankruptcy is not affected by this is not dischargeable debt. This person understands the need to pay and has a good job content, but the IRS has left him / her $ 333 for life ea month. Bascially impoverished. Is no doubt that the gov't has legal basis to implement them, but, but, I think it is unfair / unjust, a person in distress are driven with collection efforts. If the attachment is not to say at the present level, such as leaving the person with $ 1,000 on monthly live, would be it affordable. I do not believe that the IRS … Tax system has been setup to make a preson homeless or otherwise. Thank you for any assistance.

Of course, I do not know all the details, but the IRS levy is usually only wages after they have been ignored for a long time. Your friend needs to come with a payment plan, either a proposed installment payment plan (Form 433D, I think) or a partial Offer Compromise (pay form 656), together with a financial statement on Form 433A. The Forms are available on the IRS website http://www.irs.gov. Good luck.

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Slash IRS Back Taxes - Negotiate IRS Back Taxes For As Little  As Ten Cents On The Dollar: A Guide To The Offer in Compromise Process


Slash IRS Back Taxes – Negotiate IRS Back Taxes For As Little As Ten Cents On The Dollar: A Guide To The Offer in Compromise Process


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NEW THIRD EDITION A GUIDE TO THE IRS OFFER IN COMPROMISE PROGRAM Updated in 2015, this no-nonsense step-by-step guide will help you or your business prepare a formal Offer in Compromise Application to the IRS to settle delinquent taxes, penalties & interest for a fraction of the original debt. The IRS Offer in Compromise Program is designed to give taxpayers and businesses a “fresh start” by el…

The Complete Tax Relief Guide - A Step-by-Step Guide to Resolve Your IRS Tax Debt


The Complete Tax Relief Guide – A Step-by-Step Guide to Resolve Your IRS Tax Debt



IRS. Amazing how three simple letters can have the power to frighten, intimidate, frustrate and anger. Combine “IRS” with the three letters “IOU” and you have a recipe for potential financial disaster, personal suffering, public humiliation, and possible bankruptcy. But we’re not here to scare you with horror stories; far from it — we’re here to give you hope. Because the truth is, n…


TAXJAMS: Simple Solutions: A Self-Help Guide to Tax Issues


TAXJAMS: Simple Solutions: A Self-Help Guide to Tax Issues


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Attorney and author Gregory M. McCauley has represented thousands of taxpayers throughout his thirty year career. His practice is limited to tax collection cases both civil and criminal. He wrote the book TAXJAMS: Simple Solutions to help you represent yourself and learn about the process. If you owe IRS less than $50,000. in tax you can do it your self and save thousands of dollars in fees. I…

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