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hl381 · Jul 8, 2009, 01:29 PM

I owe Federal taxes (over 3 years old, Filled late about 2 years ago and one of the year reassed by the IRS over 1 year ago) for about 50,000 a year. I have a payment plan for $900 a month. I also owe about 17,000 in state NY state taxes. I do not have credit card debt, I make about 120,000 a year with 4 dependants. I do have small judgement aganst me (for about 5,000 and it had been almost 10 years there). How tough is to get relief with bankrupt in a case like this? I am working 4 jobs to stay afloat and it is becoming very tough for me.

Thank you

hl381 · Jul 8, 2009, 01:31 PM

What happened if a person gets into bankcrupt and at any time of the bankcrupt (lets say within the first or second year of being on it) the person get in a not very large federal tax debt? Will the IRS still do another payment plan? Will that new debt included on the chapter 13 payment plan?

Thank you

mejbarrett · Jul 10, 2009, 06:38 AM

Back taxes can not be included in bankruptcy court.

Fr_Chuck · Jul 10, 2009, 08:18 AM

Your taxes can not be discharged in a chapter 7 bankruptcy. You appear to have little other debt and a large income. I would work out a new payment plan if possible, or look at cutting your expense, how much do you pay in car payments, house or rent and learn to live on a lot less.

I raised 5 kids making less than 30,000 a year, it all has to do with budgets