Recent Bankruptcy Successes

Chapter 11 Plan Confirmed Reducing I.R.S. Debt

After unsuccessfully attempting to negotiate with the I.R.S. outside of bankruptcy, a used car dealer turned to the Law Offices of Michael H. Raichelson in that he felt he had been backed into a corner. After filing a Chapter 11 bankruptcy, Michael H. Raichelson was able to secure an agreement with the I.R.S. reducing the principal, interest and penalties owed to the I.R.S. from over $900,000 to $150,000 spread out over seven years.

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The Law Offices of Michael H. Raichelson is located in Calabasas, California, and serves clients in and around Woodland Hills, Wilmington, Harbor City, Carson, Torrance, San Pedro, Long Beach, Compton, Ventura, Gardena, and Los Angeles County.

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