A Law Firm Specializing in Bankruptcy and IRS Tax Problem Resolution Serving Tampa, Bradenton, Sarasota and Port Charlotte for Over 20 Years
Resolving financial issues can be tough, especially when you don't know where to start. Fortunately, our staff at Suncoast Legal Center in Tampa and Port Charlotte, FL, can lend you a helping hand. Let us assist you in getting out of your debt with our services.
Bankruptcy
Chapter 7 Bankruptcy
This chapter allows you to discharge (cancel) all of your debts (with some exceptions) while keeping your exempt assets. Non-exempt property is surrendered to the trustee and potentially sold to pay off creditors. You must pass a “means test” to qualify. You can file bankruptcy more than one time as long as the time period between filings meets statutory requirements, and it is filed in good faith. In addition, a married couple is not required to file together, although it may be advisable to do so depending upon the circumstances. Learn More
Chapter 13 Bankruptcy
If your income is too high to be eligible for chapter 7 bankruptcy or you have non-exempt property that you want to keep, then you may be eligible to file chapter 13 bankruptcy. Under chapter 13 bankruptcy, you can reorganize your debt into a manageable repayment plan. You can reduce any unsecured debt, such as credit cards and medical bills, in many cases to 0%. Chapter 13 is commonly used to stop foreclosures and impending repossessions. It is also an excellent tool to deal with delinquent IRS taxes. You can file bankruptcy more than one time as long as the time period between filings meets statutory requirements, and it is filed in good faith. In addition, a married couple is not required to file together, although it may be advisable to do so depending upon the circumstances. Learn More
Tax Resolution
Tax resolution includes many services and goes by different names (IRS representation, tax relief, tax problem recovery, tax resolution, tax controversy) but in summary, tax resolution is a service in which you help a client resolve their open debt with the IRS in a way that minimizes the debt as much as possible. Learn more
Tax resolution services include:
- Offer in Compromise
- Installment Agreement
- Penalty Abatement
- Innocent Spouse
- Tax Liens
- Levies
- Trust Fund Recovery Penalty
- Bankruptcy
Attorney James Kompothecras
James Kompothecras is an attorney specializing in Bankruptcy and Tax resolution. He is a member of the Tampa Bay Bankruptcy Bar Association and National Association of Consumer Bankruptcy Attorneys (NACBA). He has more than 20 years of experience in this field and is dedicated to assist individuals and businesses in resolving their financial issues.
Suncoast Legal Center was established in 1998 and serves Hillsborough, Manatee, Sarasota, and Charlotte counties.