Sentences with phrase «powerful debt discharge»
This barrier to debt relief was put in place by Congress to reserve chapter 7 for those who are truly in need of its powerful debt discharge.
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Although it took a number of years for the debtor to prevail, eventually with the help of a good bankruptcy attorney she was able to show that the discharge of debts in bankruptcy applies to even the most powerful of creditors.
Bankruptcy offers a very powerful result — a legal discharge of your personal liability on most debts.
It may not be easy to qualify for a tax debt bankruptcy discharge, but it definitely is possible, and this is perhaps the most powerful way to settle your IRS debt.