Paying taxes is stressful enough, adding bankruptcy into the mix may leave you with even more questions about your taxes due. It is common for clients considering bankruptcy to have concerns about being able to make their tax payments during or after filing. If this is something you are worried about and haven’t already filed, Chapter 13 bankruptcy may be an option worth exploring. Filing Chapter 13 allows you to pay your back taxes over time with a more affordable payment structure built into the plan while avoiding having to negotiate your tax debt with the IRS . Meeting with an experienced bankruptcy attorney who can review your unique case, is oftentimes the best first step.
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