Chapter 13 Bankruptcy
Chapter 13 Bankruptcy allows you to keep all of your property in exchange for making monthly payments to your creditors. Chapter 13 is an excellent way to pay off mortgage arrears, unpaid taxes, or unpaid car payments. A Chapter 13 plan is different for every case, and Ross, Quinn & Ploppert will create a personalized plan for you! Any remaining debts at the end of your plan are discharged!
Taxes & Chapter 13 Bankruptcy
Unlike Chapter 7, Chapter 13 changed a great deal under the new Bankruptcy laws introduced in 2005. Pre-2005, you could discharge almost all taxes under Chapter 13 Bankr with what was called a “Super Discharge”. The only two rules that governed the “Super Discharge” were the Three Year Rule, and the 240 Day Rule.
- TAXES
- THE FIVE RULES OF FILING
- CONTACT US
- LOCATION INFORMATION
- HEAR FROM OUR CLIENTS
After 2005, discharging taxes in Chapter 13 require a debtor to meet the same “Five Rules” as a Chapter 7; those “Five Rules” are:
These rules, like many areas of the Bankruptcy Code are difficult to understand, which is why it is important to hire experienced attorneys who have handled many tax discharge cases in the past. Even when some taxes are not dischargeable, like priority claims, our attorneys may be able to discharge all interest and penalties. In many cases, the penalties and interests in a tax discharge case may equal up to thousands, if not tens of thousands of dollars. Our Montgomery, Berks, and Chester County attorneys have even successfully argued down the amount of taxes owed in Bankruptcy Court, by establishing flaws and miscalculations in clients’ tax history.
- 1. The Three Year Rule (507(A)(8)(A)(I))
- 2. The Two Year Rule (523(A)(1)(B))
- 3. The 240 Day Rule (507(A)(8)(A)(II))
- 4. The Non-Fraudulent Return Rule (523(A)(1)(C))
- 5. The No Tax Evasion Rule (523(A)(1)(B))
Contact Our Montgomery, Chester, and Berks County Bankruptcy Lawyers Today
Our Montgomery, Berks, and Chester County attorneys have even successfully argued down the amount of taxes owed in Bankruptcy Court, by establishing flaws and miscalculations in the clients’ tax history. There is no substitution for experience, which is why you should contact us. Our attorneys are ready to discuss your concerns about Chapter 7 Bankruptcy in PA and provide answers. Our attorneys represent clients in Pottstown, Norristown, West Chester, Reading, and the surrounding areas. Contact our Pennsylvania debt relief law firm today to learn more about what we can do to help you overcome your legal troubles.
