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by Kevisaurus is a Carnotaurus today on October 16th, 2007
It will only absolve you of debt to creditors not to the government. Student loans cannot be removed through filing bankruptcy either. They, the IRS will do what it takes to get their money in the US. I am not sure about how it works in Australia.
by backtaxpro on June 24th, 2009
Bankruptcy, in the United States, can relieve you of your liabilities with the IRS only if you meet certain requirements. To start, the debt must be from earned income and has to be with filed tax returns 3 years or older.
If you need more information you can visit backtaxeshelp.com and search for bankruptcy.
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Comments
Thanks Captain Kiddy for your answer.
by keithold is a prodigal bagger on October 16th, 2007
You're welcome.
by Kevisaurus is a Carnotaurus today on October 16th, 2007