Can tax debt really be resolved without bankruptcy or liquidation?
January 6, 2026Is refinancing or borrowing to pay tax debt always a good idea?
January 6, 2026Ignoring tax debt increases the risk of enforcement action. Over time, penalties and interest compound, and the ATO may escalate recovery through garnishee notices, Director Penalty Notices, credit reporting, or legal proceedings. Acting early usually reduces both financial and legal pressure.