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Category Archives: IRS Tax Debt

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What’s the Difference Between Tax Liens vs. IRS Debt in Bankruptcy?

By Wadhwani & Shanfeld |

When facing overwhelming IRS debt, many individuals consider filing for bankruptcy to achieve financial relief. However, not all tax obligations are treated equally in bankruptcy, and it’s important to understand the distinction between IRS debt and tax liens. Each type of tax burden has unique implications in bankruptcy, and consulting with the Los Angeles… Read More »

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