Bankruptcy Law/back taxes

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Expert: Mark J. Markus- California Bankruptcy Attorney - 7/7/2009


Question
Filing Chapter 13, tried Offer and Compromise, owe for 2002,2003,2006,because of back pay for SSI, now owe for 2007&2008. Can any of these be discharged? How will they make me pay in the 13.They were all filed on time, and I tried to pay on them.

Answer
Your question, since it deals with taxes and chapter 13 budget issues, requires analysis way beyond the scope of this free service, but I will endeavor to answer as best I can.   The 2002 and 2003 taxes may be considered non-priority (there's no way to know without seeing a literal transcript/record of account from the IRS) and, hence, able to be paid potentially less than 100% in a Chapter 13 case.  How much less depends on the means test analysis and your budget, as well as what assets you have, in determining your monthly plan payment and the term.

The 2006-2008 taxes at this point would be priority taxes and must be paid 100% over the term of your plan (36-60 months).



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Mark J. Markus- California Bankruptcy Attorney

Expertise

Mark J. Markus is a Los Angeles bankruptcy attorney who has practiced exclusively bankruptcy law in California since 1991 and is rated A+ by the Better Business Bureau and is AV-rated by Martindale-Hubbell. He represents debtors, creditors, and Trustees in Chapter 7, Chapter 11, and Chapter 13 of the bankruptcy code throughout California.

Experience

Visit our California bankruptcy webpage at http://www.bklaw.com for more information on bankruptcy in general and Mark J. Markus in particular. Many questions are answered on the web page (hint, hint).
The Markus webpage also contains more information on

  • Which Chapter to File,
  • business bankruptcy,
  • chapter 7 bankruptcy,
  • chapter 11 bankruptcy,
  • chapter 13 bankruptcy,
  • Do You Need a Lawyer to File Bankruptcy?
  • Frequently Asked Bankruptcy Questions

    Also visit our Los Angeles bankruptcy blog for interesting articles and much more.



    Organizations
    Central District Consumer Bankruptcy Attorneys Association (CDCBAA) Los Angeles County Bar Association (LACBA) Commercial Law & Bankruptcy Section of the Los Angeles County Bar Association Financial Lawyers Conference (FLC) National Association of Consumer Bankruptcy Attorneys (NACBA) Los Angeles Bankruptcy Forum (LABF) American Bankruptcy Institute (ABI) San Fernando Valley Bar Association (SFVBA)

    Publications
    Central District Consumer Bankruptcy Attorneys Association Newsletter September 2007 (Vol. 1, Issue 2)

    Education/Credentials
    J.D., University of Arizona 1990. B.A. Economics, California State University, Northridge 1986. For more details please click here

    Awards and Honors
    AV Rated by Martindale-Hubbell (http://www.martindale.com) A+ Rated by Better Business Bureau

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