Legal Question in Bankruptcy in California
Franchise Tax Board and filing bankruptcy
Will filing a Chapter 7 keep the Franchise Tax Board from attaching wages or assets in payment of penalties from one year's unpaid state income tax?
Asked on 3/18/98, 6:34 pm
1 Answer from Attorneys
Mark Markus
Law Office of Mark J. Markus
Franchise Tax Board and BK
It may temporarily stop the wage garnishment, but unless the tax is dischargeable (for example if it is over 3 years old) you will still be obligated to pay it and will need to work out payments arrangements with the FTB.
Answered on 3/25/98, 1:13 am
Related Questions & Answers
-
Social Security Benefits Are SS benefits protected under bankruptcy? Which code?... Asked 3/12/98, 12:01 pm in United States California Bankruptcy Law