QUESTION
Can this EDD tax be discharge under bankruptcy?
Asked on Sep 07th, 2016 on Bankruptcy - Wisconsin
More details to this question:
We had a small trucking company. EDD is saying we owe $200,000 because contractors were not classified correctly.
2 ANSWERS
Landlord & Tenant Attorney serving Thibodaux, LA
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The Louque Law Firm, L.L.C.
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Unpaid withholding and trust taxes are almost never dischargeable (actually probably never).
Answered on Sep 28th, 2016 at 6:22 PM
Bankruptcy Attorney serving Madison, WI
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Richard B. Jacobson & Associates, LLC
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Much more information is needed to answer your question. Is the debt to a governmental unit? Is it secured by any collateral? Was it incurred without fraud? As you can see, this is not a question that can be answered out of the blue. You really should retain a skilled bankruptcy lawyer. It's almost always worth the investment.
Answered on Sep 28th, 2016 at 7:46 AM