Eliminating And Discharging State And Federal Taxes in Bankruptcy in Stratford
As one of the leading bankruptcy relief law offices in the Stratford, CT area, we have been utilizing our years of successful bankruptcy practice to provide the fullest range of tax dischargeability and relief to our Stratford clients since 1983. While we understand and practice all other forms of non-bankruptcy relief, we also know that in certain circumstances, bankruptcy relief can be a panacea for all forms of tax relief and the proven source of a financial fresh start. With the proper advice and some help from our taxpayer clients, tax problems are uniquely solvable. It takes work, but it’s worth it and it’s never too late.
At the Law Offices of Neil Crane, we will take the necessary time to fully review your tax problem in a free initial consultation protected by the confidentiality of attorney/client privilege. All conversations and advice are confidential and protected.
To learn more about eliminating and discharging taxes, contact the Stratford tax elimination attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-888-249-3027.
Bankruptcy Tax Relief for All Local, State and Federal Taxes
Bankruptcy law provides alternatives and protections for all types of taxes in any stage of collection. The automatic stay stops collection liens or levies by federal, state or local taxing authorities while providing the full range of comprehensive tax coverage, including:
- State Income Taxes
- Federal Income Taxes
- State Payroll Taxes
- State Sales Taxes
- Federal Payroll Taxes
- Real Estate Taxes
- Personal Property Taxes
All forms of tax are subject to the stay of bankruptcy and the Bankruptcy Code provisions for elimination, reduction or repayment of all forms of taxes in any stage of collection.
Tax Relief Under All Bankruptcy Chapters at the Law Offices of Neil Crane
All chapters of bankruptcy contain strong and specialized provisions for the treatment of taxes of any kind. By understanding the laws and nuances of bankruptcy practice, through a successful history of over 30 years, we are able to provide full bankruptcy tax relief under any chapter of bankruptcy:
Chapter 7 Bankruptcy Tax Relief: Chapter 7 bankruptcy is generally utilized to eliminate income taxes over three years old and personal property taxes over one year old.
Chapter 13 Bankruptcy Tax Relief: Provides the tax discharge benefits of Chapter 7 along with full coverage for the repayment of all forms of tax debt, including Trust Fund taxes over a three-to-five year repayment schedule.
Chapter 11 Bankruptcy Tax Relief: Personal Chapter 11 cases allow for the discharge provisions of Chapter 7 while personal and business Chapter 11 proceedings allow for the repayment of taxes generally over a five year period on favorable terms without further penalties or late fees.
Bankruptcy Lien Removal: In addition to stopping liens, levies and attachments, certain tax liens can be removed from real or personal property based on their value in Chapter 13 and Chapter 11 bankruptcy cases.
At the Law Offices of Neil Crane, we’ve used a full range of bankruptcy tax protection and elimination powers to provide comprehensive and long-term tax relief to solve the problems of individual taxpayers and small business owners through our Bridgeport, CT office and other convenient locations for over three decades.
Call us for a free consultation at 203-230-2233 or toll free at 1-888-249-3027. Or fill out our simple Contact Form to hear back from one of our experienced tax relief attorneys today.