Bankruptcy, Taxes, and Your Credit Card Debt

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Bankruptcy is often the result of an individual having an overwhelming amount of credit card debt. Credit card debt is unsecured debt which is generally dischargeable. Many states and even the federal government may allow taxpayers to pay their taxes by using a credit card. The majority of taxes are not dischargeable in a bankruptcy case, but will the taxes be discharged if they were paid by credit card? The short answer is “no.”

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