${site.data.firmName}${SEMFirmNameAlt}
Call for a Free Initial Consultation
Review Us
888-807-5629
734-403-4189
Creating Personalized Solutions We use our skill and experience to help each client secure the best available resolution to their situation.

Tax Season And Bankruptcy

Few problems create more anxiety than financial hardships. Creating distractions at work and at home, the stress affects all aspects of your life. Answering the phone and opening your mailbox brings dread as creditors continue to pursue past due debts.

Creditors possess vast resources in their collection efforts. They are often overly aggressive, continuing to call and make threats. While strict rules and certain restrictions exist, collection agencies still have the power to garnish wages and levy bank accounts. Their actions create even greater setbacks as you try to get back on track. 

For many struggling with their finances, tax season represents a light at the end of a long and stressful tunnel. Federal tax refunds represent a way to catch up on past due bills. Yet, for those who have already been subject to garnishment and levies, they fear the loss of a much-needed monetary windfall.

According to the IRS website, past-due debts owed on credit cards or loans should not affect your federal tax return. The creditor may request that the IRS turn over the money to them. An order that the IRS claims they would be likely to ignore since the agency is not obligated to pay private creditor funds from a federal refund.

Options exist to protect assets. Proactive steps can prevent the most aggressive collectors from taking action against taking the money you have and continue to earn.

Take control of your out-of-control debts. One telephone call to Smith Law Offices starts the process of stopping creditor harassment and aggressive collection actions.

No Comments

Leave a comment
Comment Information

Tell Us About Your Legal Issue

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

5885 N. Wayne RD | The | Smith | Law Offices, P.C. | 734.729.4465

The Smith Law Offices, P.C.
5885 N. Wayne
Westland, MI 48185

Phone: 734-729-4465
Fax: 734-729-4498
Map & Directions