Bankruptcy and Tax Liens

Connecticut Law Firm Helps Clients with Bankruptcy and Tax Liens

Dealing with bankruptcy can be difficult, but having tax liens on your assets while you try to re-manage your finances can make it a nightmare. In order to truly re-organize your finances, tax liens need to be prevented or removed through the process of financial restructuring. While some people may claim that it is only possible to remove tax liens if they have been improperly placed on your assets, the truth is, you may have a number of different options available to you even if the liens are there with good reason. The skilled and knowledgeable bankruptcy attorneys at Norwalk, CT’s Law Offices of Mark M. Kratter, LLC will do everything in their power to make a financial clean slate a possibility for you and your family.

What is a Tax Lien?

If, due to financial difficulties or negligence on your part, you did not voluntarily pay your taxes, the federal or state government has the power to file a lien against your residence, business, or other assets or property. The debt relief lawyers at Mark M. Kratter, LLC will let you know your options and negotiate aggressively on your behalf to remove these liens, and in doing so, free up some of your assets and property in the bankruptcy process.

Removing Liens

The removal of liens in the process of bankruptcy requires a great deal of experience with the IRS and all of the State Taxing agencies’ rules and regulations. Mark M. Kratter can help you with matters involving tax liens, as we have helped so many other Connecticut residents. Total compliance with the IRS or a state taxing authority is required before a lien can be removed. This is why it is so important that we become acquainted with the ins and outs of your financial history through the bankruptcy process. If you believe that you are financially incapable of making the necessary payments on these liens, we can negotiate a more manageable payment plan by helping you file for bankruptcy.

We, the effective debt relief attorneys at the Law Offices of Mark M. Kratter, LLC, understand that tax liens can be devastating to your financial help, and through filing for bankruptcy and working with the IRS and other state tax agencies, we can dig you out from under your mounting debts. Call Mark M. Kratter at our office in Norwalk, CT at 203-286-4623 today.