Legal Question in Bankruptcy in Illinois

Our company is in Chapter 11, can we do an "Offer in Compromise" , or settlement with the IRS? We haven't submitted the 5 year payment plan yet, but our attorney says we can't do an OIC. Yet, other attorneys differ, and say this is the best time to negotiate.

Please, weigh in!!!!!!

Thank you for your support to many people that need your help in these hard times.


Asked on 9/20/10, 11:46 am

1 Answer from Attorneys



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