For unsecured debts such as credit cards, personal loans, certain private student loans, or other similar, a debt relief program may give you the solution you need. Debts could have accumulated for numerous reasons such as an unfortunate hardship, overspending, divorce, or other issues. The decision to get help could be a result of starting to go delinquent, getting creditor calls, or the realization that paying minimum payments, one could pay off the debt numerous times with the balances remaining.
For tax debt issues, the situation is even more serious because of the expanded collection rights tax authorities such as the IRS or State have. Debts could be a result of mistakes from a prior tax preparer, under withholding, failure to submit payroll tax withholdings to the IRS, identity theft, tax audit, or other reasons.
Having debt issues is stressful. One starts to lose sleep and feels pressured. Normal activities don’t feel as enjoyable. If you have tax debt, it can be even more stressful and have you feeling even more pressured because taxing authorities have the power to garnish, levy, lien and other worse things to ensure that they get paid.