Tax season will be upon us in a few short months. Many households anxiously await their 2013 federal and state tax refunds. Some filers hope to purchase necessities or make a luxury purchase they could not afford without receiving the refund. Others will decide their refunds will be best spent by catching up on their credit card or medical debt or attempt to lower their balances.
If you are struggling with your debt, a tax refund could be the answer to your debt struggles. Most people are unable to eliminate all their unsecured debt with their tax refunds, those debtors will continue to struggle with their monthly payments even after sending their creditors their tax refund. If you are unable to eliminate all your debt with your tax refund, bankruptcy is an option for you to consider this tax season. Do not throw away your refund, instead use the refund to have a debt free 2014.
Debtors are allowed to pay their bankruptcy attorney fees and filing fee with their refunds prior to filing for bankruptcy. It is a good idea to call our attorneys to arrange for a free in-office consultation now, so they can review your situation and let you know if bankruptcy is a good option for your family. We encourage people to not wait until the last minute to meet with a bankruptcy attorney so you have time to consider your options.
Let your 2013 tax refund wipe out: credit card debt, medical debt, pay day loans, repossessions, foreclosures, garnishments, and collection judgments. Contact our Kansas City bankruptcy attorneys today to arrange for a free consultation.