The Federal and State taxing authorities in Delaware have become very aggressive in collecting overdue taxes. If taxes aren’t paid, wages can be garnished, bank accounts frozen, and liens can be put on real estate. Huge penalties and interest charges can also be assessed.
Chapter 7 Bankruptcy and Chapter 13 Wage Earner plans can provide help here for Delaware taxpayers. Although most taxes cannot be wiped out in a Delaware bankruptcy, certain very old taxes can actually be discharged. Under the Chapter 13 wage earner plans, those taxes owed can be paid back in an affordable way through Court protection. Often, interest and penalties can be dealt with in an affordable way.
Call us for more information or to schedule a free initial consultation. But please don’t delay; time is of the essence.
Doroshow, Pasquale, Krawitz & Bhaya’s bankruptcy practice is focused throughout all of Delaware. We have offices in Elsmere (suburban Wilmington), Bear, Dover, Middletown, Milford, Millsboro, Seaford and Smyrna.