When individuals file for bankruptcy, they are often behind on their tax payments. For this reason, they are often burdened by the obligation to pay interest on their back taxes.

When individuals file for bankruptcy, they are often able to hault interest payments on many of their debt obligations. This provision may also be applied to their back taxes, which will allow them to stop making interest payments to the IRS. 

If you or anyone you know is considering filing for bankruptcy, contact the Austin bankruptcy attorneys of Slater, Kennon, & Jameson, LLP, at 512-338-1100.