The Role Of Taxation In Bankruptcy

If you are concerned that a substantial amount of tax debt will complicate your consumer or business bankruptcy, the Law Office of Lawrence L. Szabo can address the confusion you feel.

Attorney Lawrence L. Szabo has put his decades of experience and deep knowledge of bankruptcy law to work on numerous client problems with taxation. You can benefit from his firm grasp of legal strategies and debt relief options that may be available to you.

Experienced Representation, Personal Attention For Every Bankruptcy Client

How old is your tax debt? Federal taxes can be discharged if your return was due more than three years before you filed for a Chapter 7 liquidation bankruptcy. The return must have been filed two years prior, with the tax assessed 240 days before the filing.

A bankruptcy filing can cause a number of special tax considerations. Here's a good example: cancellation of debt must often be reported as income. The "short sale" of a home and tax consequences of mortgage foreclosures should also be considered.

We know you will have questions about these factors — and Lawrence L. Szabo will have answers. This skilled Northern California tax bankruptcy lawyer is your careful, compassionate guide from start to finish of the legal process.

In Oakland, Contra Costa County and Alameda County, arrange your free initial consultation by calling 510-922-0565 or sending an email message.

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