What if I Owe Back Taxes in a Colorado Bankruptcy?
Filing bankruptcy in Colorado may eliminate some of your back income taxes. The best way to find out if your income taxes are dischargeable through bankruptcy is to contact an experienced and knowledgeable attorney. This is one of the most complex areas of bankruptcy and providing definitive answers is difficult without knowing the specifics of your situation.
If you have questions about delinquent income taxes and you are struggling with your finances, it’s time to talk to a lawyer.
At The Law Offices of W. Robert Montgomery in Lakewood, Colorado, we know how stressful your situation is, and we have helped many people facing similar financial problems.
Denver Lawyers: Bankruptcy and Income Taxes
Generally, in Colorado, your income tax liability is dischargeable in Chapter 13 and Chapter 7 bankruptcy if you meet the following criteria:
- Your back taxes are more than three years old
- Your tax returns were filed when they were due and not amended
- Your tax debt is strictly income tax and not payroll or self-employment taxes
- You did not file a fraudulent return and you have not been convicted of tax evasion
Our goal is to alleviate your worries, answer your questions and provide you with effective debt relief solutions that maximize the discharge of your debt and minimize costs and future issues. Many of our clients have told us that after just one meeting with one of our experienced bankruptcy attorneys, they left feeling relieved and hopeful about their financial situation.
Call 720-496-1338 or toll free at 888-559-9805, or contact our law firm online to arrange your free initial consultation today. From our office in Lakewood, we assist clients throughout the Denver metro area.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.