Legal Question in Bankruptcy in California

Discharging IRS Obligation

I am preparing to file Chapter 7 Bankruptcy. I have IRS taxes and penalties due that are more than 3 years old. I understand that these can be discharged. Precisely HOW do I go about doing that? Should the IRS be listed as one of my creditors in my bankruptcy filing?


Asked on 1/04/01, 3:27 am

1 Answer from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Discharging IRS Obligation

Tax discharge is a very complicated area. If your taxes are in fact dischargeable (and I am expressing NO opinion based on your facts as to whether or not they are), then they will be discharged along with your other dischargeable debts if and when you receive your discharge. As to whether you need to list them as a creditor, yes, you need to list all assets and all debts in any bankruptcy. For more information about dischargeability of taxes in bankruptcy, visit my webpage under the CH. 7 link at http://www.bklaw.com/.

If you desire representation, feel free to give me a call.

Sincerely,

Mark

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Answered on 1/05/01, 12:15 pm


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