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Offer in Compromise vs. Bankruptcy Which is Better for me?
Posted by AcclaimLegalService
Being in debt is not pleasant….and tax debt is no different. While filing for bankruptcy may help you with most debts it is not always the best solution for dealing with IRS debts. One of the most popular ways for dealing with IRS debts is by settling tax debts through the Offer in Compromise program.
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Five years ago I was in so much debt that I couldn’t think straight. I wasn’t eating or sleeping properly. Then I lost one of my jobs (neither one was paying very much, just a bit over minimum wage). I began to be late on my house notes every month. I got into a car accident which threw me behind…
I retained representation with Acclaim Legal Services after I had previously retained representation by a different law firm. My previous attorney was never available for me to consult with them, and treated me very rudely. As a result of this treatment I decided to retain Acclaim Legal Services to…
In looking back, the best decision I made was to go with Acclaim – a bankruptcy only law firm. I was extremely stressed because of the financial situation I was in when I saw an advertisement for Acclaim. After my first visit I could finally feel hope.
I…
My overall experience with Acclaim Legal Services has been excellent. They created a workable budget for me while allowing me to reduce my debt. They were very prompt and helpful when I had questions or concerns. They helped me modify my home mortgage so that…