Tax Arrears

Consumer debt can be stressful. Tax arrears, however, come with their own set of problems. Unlike bill collectors who have to track you down, the government knows where you live. They also know where you work, and how much you earn. They also know where you bank. They do not engage in creditor harassment tactics because they do not have to. If you have tax arrears, it is better to tackle them sooner rather than later. My law office can assist you. To discuss your debt relief options in more detail, contact the Law Offices of Charles R. Tropp for a free consultation.

Owing the Government

If you owe tax arrears, the government does not have to sue you. They simply file a tax levy which is the same as a judgment against you. Sometimes, you can simply obtain debt relief through a government tax workout plan. This is a good option if the debt is small. For larger amounts, bankruptcy may be a better option.

The Bankruptcy Alternative

In a Chapter 7 bankruptcy, you simply discharge the taxes along with your other debt if your tax arrears are more than three years old. If the tax debt is more recent, you may file for a Chapter 13 instead. With a Chapter 13, you can establish a payment plan that is within your current budget and deal with the remainder of your debt as well.

Contact my law office to discuss your tax arrears with a knowledgeable Staten Island bankruptcy attorney.