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If you owe IRS, the benefits of Bankruptcy

There are benefits to filing a personal Chapter 7 or Chapter 13 bankruptcy.

Some individual taxpayers first filie a Chapter 7, receive the Chapter 7 discharge, and then file a Chapter 13.

Filing a Chapter 7 or Chapter 13 prevents the IRS from levying (garnishing) your assets, and also prevents the IRS from recording a Notice of Federal Tas Lien (NFTL).

If you owe the IRS, depending how old the IRS debt is, you may only have to pay pennies on the dollar in a personal Chapter 7 or Chapter 13 bankruptcy.

Today Bank of America and JPMorgan Chase agreed to update borrowers' credti reports, who had previously received a Bankruptcy Discharge from the Bankruptcy Court.

I have more than ten (10) years experience with the United States Bankruptcy Chapters 7, 11, and 13.

Please call me at 702-589-7557, if you owe the IRS and are considering filing a personal bankruptcy.