Is It Bad When a Company Files for Bankruptcy?
The taxpayer, otherwise required to e-file, has filed a petition with the bankruptcy court under Chapter 7 of the Bankruptcy Act. The taxpayer, otherwise required to e-file, will be filing their Final return, or last return they are required to file.
What happens if you dont attend bankruptcy interview?
You must attend the interview and cooperate with the official receiver. If you don’t, your bankruptcy could be extended beyond the normal 12 months and you could face an examination in court. The more organised you are, the more straightforward the process will be.
