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I have significant tax debts and am currently unable to repay them, as I am unemployed. I am already significantly behind on my payments. I received a letter giving me 15 days to repay the amount due, otherwise legal proceedings will be initiated. I don't really have any valuable assets (investments or otherwise). I would like to know what they can do and how much time I have.

Governments have several methods of debt collection: seizure of bank accounts, wages, mortgages on your property, etc. The timeframe depends on several factors, but you seem to be approaching the stage of legal action against your assets. It would be time to seek legal counsel.

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