Discharge: Will do away with (discharge) own legal responsibility for tax debts older than three many years unless returns submitted late. Businesses Really don't get a discharge considering that they're liquidated. The bankruptcy result also is determined by the sort of bankruptcy: Chapter 7, Chapter 11, or Chapter 13. https://jasperjdoua.elbloglibre.com/29800402/the-best-side-of-how-will-filing-bankruptcy-affect-my-small-business