Are you drowning in debt? Are you hiding from the Oregon Department of Revenue (ODR), California Franchise Tax Board (FTB), or the Internal Revenue Service (IRS)? Are credit card collectors harassing you? Are you looking for relief from creditors? Do you have a federal tax lien for income tax, federal unemployment tax (FUTA), Medicare tax or Social Security tax withholding (FICA), Trust Fund Recovery Penalty? Is an IRS revenue officer threatening to begin collection? Is a secured creditor threatening to take your home or your car? Are you behind on your estimated tax payments?
We can help with debt workout, Chapter 7 bankruptcy liquidation and Chapter 13 bankruptcy reorganization, discharging debts, stopping foreclosure, preventing repossession, offer in compromise, stopping wage garnishment and stopping debt collection harassment.
We have been helping people to get back on their feet financially for more than 25 years. Often, we can work out an affordable payment agreement with taxing authorities. We have handled many successful offer in compromise applications with the Department of Treasury (IRS). State tax debts owed to Department of Consumer and Business Services (Workers Compensation assessments), Oregon Employment Division, and even payroll tax withholding obligations due Oregon Department of Revenue can be resolved or managed.
The Bankruptcy Court and the automatic stay from filing a bankruptcy petition can protect you from a wage garnishment or tax levy. A judgment creditor can be stopped from executing or foreclosing a lien against your home. A trustee foreclosure sale or mortgage foreclosure can be stopped at the last minute. You can get relief from your creditors. Even an IRS collection officer can be stopped by the automatic stay or bankruptcy discharge injunction.
Consumer credit is at an all time high. Due to changes in our economy many people can not pay all of their debt. Credit card collectors and collection lawyers are busy making the lives of ordinary consumers a living hell. Loan debts, tax trouble or tax debt, credit card debt, even trust fund tax (from employment tax withholding) can be managed with a Chapter 13 Bankruptcy Plan.
Non-bankruptcy alternatives such as state court proceedings to protect your homestead exemption may be available. Oregon law provides exemptions that allow you to keep exempt property in or out of bankruptcy. Federal tax law can apply national standards to prevent undue hardship for taxpayers and there are even federal exemptions of property protected from the taxman. Installment payment agreements are available with both the IRS and Oregon Department of Revenue. If good cause exists, a tax penalty, such as the late filing penalty or failure to pay penalty, can be abated or waived.
Even if the IRS claims you owe tax, it may be possible to prove them wrong. Within 90 days after an auditor files the Statutory Notice of Deficiency, a tax lawyer can contest the tax liability or liabilities in Federal Tax Court without paying the tax. Audit results can be appealed administratively. In many circumstances an original tax return or amended tax returns can be filed to reduce or eliminate the tax debt if the IRS has filed a substitute for return (SFR) to assess tax against you.
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