Connecticut Bankruptcy Attorney Answers IRS Refund & Bankruptcy Questions
Susan M. Williams, bankruptcy attorney in Hartford offers knowledgeable legal advice regarding your financial situation and how to best spend the money you receive from your IRS refund. How you spend your tax refund could be the difference between losing your home or not, or worse.
At our Connecticut bankruptcy law firm, we understand that hard times may not arise due helplessness or poor money management. Let us assist you through this difficult time. If you have recently filed for bankruptcy or are in a tough financial period, Attorney Williams can help you decide how to spend your tax refund. Don’t make a mistake that could cost you more than you can afford.
The Link Between Your IRS Refund and Bankruptcy
You may be receiving menacing phone calls, emails, and letters from organizations who seek payment. It is important to speak with a competent bankruptcy attorney to discuss the connection between your IRS refund and filing for bankruptcy. Your tax refund is considered an asset, whether or not you have received it for that year. If you have, then we may be able to avoid bankruptcy by properly handling the money you received. The IRS, along with other collection agencies and companies will stop at nothing to collect a debt, including:
- garnishing wages
- implementing bank levies
- tax liens
- seizing assets
What you do with your money is your decision but there are wiser options for you to consider than spending your IRS return on luxury item or mistakenly paying a bill that will not relieve your debt as much as another. When you are filing for bankruptcy, you need to make the best possible decisions for you and your family. Attorney Williams will be able to discern your financial options. Call our law office for knowledgeable legal advice.
Speak With Our Connecticut Bankruptcy Law Firm
The Hartford law office of Susan M. Williams, LLC is waiting to serve your needs and answer your financial questions. We understand how a difficult financial time can put strain on the whole family. Let us help you by efficiently navigating the complex tax law and bankruptcy system. You deserve a fresh start and we can help you obtain that faster. Call our law office at 860-265-4764 for a consultation, free of charge, or contact us online. We look forward to hearing from you.