IRD and Student Loan Debt, New Zealand
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Sometimes people find that paying back a student loan or tax debt becomes unrealistic or impossible. Even those who try to pay often become discouraged because penalties and interest cause the debt mountain to grow out of control very quickly. 

Now that the Inland Revenue Department is aggressively pursuing debtors it has become more important than ever to deal promptly with any student loan or other tax debt problems. Doing nothing is not an option. Unless you are able to pay your  debt obligations, it is better for you that you take action as soon as possible in order to seek an arrangement with the Inland Revenue Department or to explore alternatives.

Alternatives may include a negotiated reduction in debts owed, with the IRD writing off some or all of the balance due, or a repayment arrangement. 

We often advise people on the pros and cons of student loan debt, and other tax debt, repayment negotiations and arrangements, as well as their other options including zero interest applications for overseas based debtors, and bankruptcy.  We can also assist with IRD negotiations and we have negotiated millions of dollars of settlements with the IRD for clients. 
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Don't let unfair,  enormous, debt chain you. Talk to us today for advice on the solutions

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© Tax Debt Limited.  Email:  help@taxdebt.org.nz