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Bankruptcy vs Debt Repair
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Bankruptcy vs. Debt Repair
What Don Fitch CPA Recommends
Most of the time filing a bankruptcy is not needed. As a matter of
fact, I have never recommended a bankruptcy for any IRS tax problem.
I believe that a bankruptcy is equivalent to an amputation when all you
have is a skinned knee. If your personal debt (other than IRS
debt, credit cards, etc) is significant and/or overwhelming,
I recommend using companies that specialize with non
IRS debt. Remember, there is a light at the end of the tunnel
with any IRS Tax Problem including the following
solutions:
* Offers in Compromise,
* Installment Payment Agreements,
* Filing prior years Tax Returns, etc.
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