Oh My, TaxMasters Files For Bankruptcy

Posted on March 20, 2012 at 11:59am by

As reported by multiple news outlets, the Houston-based firm that claims to help consumers facing tax problems has filed for bankruptcy protection with less than $5,000 in assets and up to 5,000 creditors. TaxMasters relied on a widely known television ad campaign featuring CEO Patrick Cox and has been fielding complaints of deceptive practices from the attorneys general of Texas and Minnesota. CNN has more on the story here.