Can Bankruptcy Wipe Out My Tax Debt?

There are a variety of factors that determine whether your tax debt can be discharged in bankruptcy, such as, is it in a Chapter 13 or in a Chapter 7, etc. There is a possibility that your tax debt may be discharged, but it depends on what happened in the past, when the tax became due, when the tax return was filed, when the tax was assessed, etc. It’s more complicated than a yes or no answer, and there are many factors to look into. Watch the video for more information.