Pima County IRS Debt Help Attorney
Tax debt drives many people to bankruptcy. This type of debt rarely accumulates gradually. One audit is all it takes to put a person deep in debt, with interest rates and penalties that force the debt higher at a surprisingly fast rate.
When dealing with tax debt, you are not dealing with an ordinary debt collector. You are dealing with a government agency. The Internal Revenue Service (IRS) is not going to back down until the debt is gone. If you are not able to pay the debt, bankruptcy could be a solution.
Whether you were the victim of an audit and your tax debt arrived suddenly, or your tax debt has built up over time, we can help. At the Arizona Law Group of Trezza & Associates, we know how to use bankruptcy to overcome all types of debt. Contact us for a consultation with one of our attorneys, Stephen M. Trezza or Jordan M. Slattery.
Chapter 7 and Chapter 13 Bankruptcy Can Help With Tax Debt
Unfortunately, tax debt is one type of unsecured debt that cannot be resolved directly through Chapter 7 bankruptcy, except in rare cases. However, Chapter 7 can allow you to eliminate other debts you may have, which could free up income that you can devote to tax debt.
On the other hand, Chapter 13 bankruptcy deals with tax debt effectively. Tax debt is considered priority debt, so 100 percent of it will be paid off through the debt payment plan. Remaining unsecured tax debt will be discharged completely when the plan is completed.
Contact Us to Learn More About Bankruptcy and Tax Debt
Every case is unique, so it is important to discuss your situation with a Tucson tax debt attorney before making a decision. Contact us to discuss your options.
