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Tax Refunds and Wage Garnishment

Connecticut Bankruptcy Attorney in Hartford

When you are burdened by significant debt, your tax refund may look very attractive. However, how you spend that money could result in wage garnishment by the IRS, losing your home to foreclosure, and more. Consult with an attorney before spending your tax refund money.

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 tax refund. At our law firm, we understand that hard times may not arise due to negligence, but rather helplessness and poor money management. Let us help you understand how to best serve your financial needs, so you can feel confident in your financial situation as soon as possible.

Paying Your Taxes and Avoiding Wage Garnishment

You may be receiving intimidating letters from the IRS or menacing phone calls and emails from other organizations who seek payment. The IRS, along with other collection agencies and companies will stop at nothing to collect their money. This means that if you owe significant money to the IRS or other companies, it does not matter whether you will receive a tax refund or you owe taxes. It is imperative that you learn how to proceed to avoid garnished wages, bank levies, tax liens, or seizing assets such as your home.

Your tax refund is also considered an asset, whether or not you have received it for that year. If you have, then Attorney Williams may be able to help you avoid wage garnishment and other measures taken y collection agencies by properly handling the money you received. Speak with a competent bankruptcy attorney to discuss the connection between your taxes and debts. These two arenas of financial welfare go hand-in-hand, and you need to know the best possible decision for you and your family.

What you do with your money is your decision but there are wiser options for you to consider than spending your tax return on luxury item or mistakenly paying a bill that will not relieve your debt as much as another. Attorney Williams will be able to tell you your options and what will best serve your finances. She is a committed bankruptcy attorney, which also makes her your financial bookkeeper and accountant. Call our law office for superior legal advice in the Hartford area.

Speak With a Hartford Debt Relief Attorney

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 [custom:phone] for a consultation, free of charge, or contact us online.