Many people who file for bankruptcy face a number of financial hardships. These hardships often include numerous overdue tax payments, which are often referred to as back taxes.

During a bankruptcy filing, an individual's back taxes are usually put on hold. While this hold may not remove the back taxes from the individual's obligations, it will often give them time to settle other financial matters and raise enough money to pay off their back taxes. 

If you or anyone you know has questions about their back taxes, contact the Austin bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.