Do you owe back taxes? Being in debt is stressful and overwhelming, and it can quite possibly keep you up at night. Watch this video to find out how a Kansas City bankruptcy attorney can help you eliminate back taxes.
Bankruptcy was established to help people get out of debt. If your tax returns were filed over three years ago, you are allowed to discharge back taxes through bankruptcy. However, back taxes are not dischargeable in a bankruptcy if the tax returns have been filed within the last three years. When this occurs, you may be able to repay the tax debt over time through Chapter 13 bankruptcy. Chapter 13 was designed to allow you to repay this debt with no penalties, with zero percent interest, and with a payment plan you can afford.
If you owe back taxes and are struggling to make payments, find out more about your bankruptcy options by calling a knowledgeable Missouri bankruptcy attorney. The team at Castle Law Office of Kansas City offers a free initial consultation to discuss your situation.
Call Castle Law now at 816-842-6200 or click here to email us. You'll be glad you did!