Yes, you can include certain tax debts in your Chapter 13 repayment plan, allowing you to manage them over time without accumulating additional interest or penalties.
- By including tax debt in a Chapter 13 plan, the IRS freezes interest and penalties, making your repayment more manageable.
- The repayment period in Chapter 13 can last up to five years, giving you more time to pay off your debt.
- Chapter 13 helps you consolidate your debts, providing relief from overwhelming tax debt while protecting your assets from seizure.