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  1. #1
    Join Date
    Jul 2010
    Posts
    3

    Default Default on Offer in Compromise, IRS

    My question involves collection proceedings in the State of: Massachusetts
    Hi -- Had small tax issue years 1995, 1996 and 1999, amounting to about $5,000. IRS refused various offers in compromise over the years and debt grew to $25,000. Finally, I filed in Tax Court and I negotiated and settled in a compromise for $100/month, five years, $5,000. Began paying in December 2006.

    Lost my job in July 2008, but continued paying until January '09. I owe 1,900. IRS agent told me not to continue paying when I couldn't pay any longer, stating that this would be written off! Guess again.

    IRS Collections said it's uncollectable, but they would place a lien. I contacted Advocate, who said they put a stop on lien. Ha Ha. I received notice that I now have a $30,000 federal tax lien. I completed offer in compromise through Advocate to pay the entire balance due, $1,900, which Collections initially refused. Haven't heard from the advocate about how a lien was placed or the status of the offer.

    I'm insolvent, but just started receiving some unemployment but not for much longer, was refused school loan, to retrain, and couldn't even get work with the Census Bureau, all because of this. I am 55 years old, own nothing! My other debts amount to about $30,000 in credit cards, all defaulted.

    Am I going on the right path to resolving this? Should I file bankruptcy and will it be written off and the lien removed? What's the best I can do to be done with this 15-year nightmare?

    Thanks

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Default on Offer in Compromise, IRS

    I suggest tracking down your advocate to check on the status of the negotiation with the IRS.

    If you owe $30K in credit cards, all in default, and have no assets or imminent employment prospects, even without considering the tax problem I would suggest consulting a bankruptcy lawyer.

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