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In the event the IRS didn't file a lien before the bankruptcy petition was filed, the tax lien will generally be taken off on account of the bankruptcy. Due to the fact Chapter seven and Chapter 13 are the most common varieties of bankruptcy filings that have an impact on people, it is necessary to know what tax ramifications filing for bankruptcy
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If you continue to have it with your banking account, if It truly is currently being processed, or if you'll get it when you file, it's an asset. You could be expecting the appointed bankruptcy trustee to question you regardless of whether you have received or hope to receive a return.In case the debtor elects to shut the tax 12 months, the debtor
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