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What else can I help you with?
If you owe the IRS and you are under a Chapter Thirteen bankruptcy can you taxes be taken?
Yes.
What are the IRS guidelines for a budget to submit to bankruptcy court?
The Federal Bankruptcy Court is entirely separate from the IRS. The IRS does not make these guidelines, (if they exist at all). The IRS is basically just another creditor looking to get paid in your bankruptcy case.
Can IRS hold funds for bankruptcy?
can the IRS take your check if you file bankruptcy , chapter 13 or will I have to submit the check to them once received.
Do you have to file a 1099c for credit card debt that was discharged in chapter 7 bankruptcy?
The debtor does not "file" a 1099C. The debtor may receive a 1099C from the creditor which also sends it to the IRS. The discharge of the debt in bankruptcy nullifies the 1099C. There is a form or a part of the 1040 set for disclosing this information to the IRS.
Can the IRS request to have your chapter 13 switch to a chapter 7?
Sure...any creditor can. Not at all sure why they would!
Can you file bankruptcy to keep from paying garnishment?
It depends on who is garnishing your wages. If it is a creditor than yes, if it is the IRS no.
Does interest owed to the Internal Revenue Service stop accruing during Chapter 13 bankruptcy?
Typically a Chapter 13 bankruptcy will require you to enter into a payment plan with the IRS, and interest will be frozen as of the date that you file your bankruptcy petition.
If you file chapter 7 bankruptcy does that eliminate paying back the parent plus college loan?
Student loans are exempt from bankruptcy as are IRS debts
Am preparing to file chapter 7 but cannot find out what to do with IRS debt know it cannot be discharged but should still list it and then try to make arrangements to pay IRS after bankruptcy?
Talk with your bankruptcy attorney. Also, make an appointment with a councelor at your local IRS Field Office. Take all information you have received to date from IRS. It is much better to talk to a local agent face-to-face than try to deal with IRS over the phone. Yes, list it. Even if it cannot be discharged, you still want it listed so that the IRS is given notice that you have entered bankruptcy. I would NOT recommend telling the IRS you are going into bankruptcy. If they know you are about to go into bankruptcy, they will file a tax lien (and if you don't already have one, then you don't want one). The court will notify them once you have filed your petition as long as you list them as a creditor.
What happens if you default and the majority of what you owe is to the IRS?
The IRS acts like any other creditor only with more power. If you go into bankruptcy, your assets, except for those that are protected are sold and your creditors, including the IRS, get the money. After that, if bankruptcy wipes your record clean, that includes the IRS. There may be other considerations. You will need to discuss the options with your lawyer.
Can you file bankruptcy on a debt owed to the IRS?
Yes you can file bankruptcy. Whether or not it is dischargeable is another matter. In a Chapter 13, it could be included in your repayment plan. Not sure how it works in a Ch 7.
Will a motion for release of garnishment for unpaid rent typically be ordered when requested of the county circuit court in a Chapter 13 bankruptcy?
Filing a bankruptcy stops ALL Garnishments, foreclosures, etc. (Even the IRS)
