Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Ah yes, but there-in lies the confusion.
As per the booklet: http://www.irs.gov/pub/irs-pdf/f656b.pdf
Do you currently have an open bankruptcy proceeding? You should contact your Bankruptcy Attorney if you are not certain. If you are involved in an open bankruptcy proceeding, contact your local IRS Insolvency office. If you do not know the location of your local IRS Insolvency office, then you may call 1-XXX-XXX-XXXX. They will be able to provide you with the local number. Any resolution of your outstanding tax liabilities generally must take place within the context of your bankruptcy proceeding. If you answered YES to this question, then stop here. You are not eligible to have your offer considered or processed at this time.
It would appear that because I have an open bankruptcy case that I am not eligible for the OIC program and they're referring me to the local IRS Insolvency office.
I've now been issued a chapter 7 discharge. So at this point I would submit the IRS an OIC and attach a 20% down payment?
I did a zero-asset chapter 7 so how would I know what percentage of the tax debt to offer?