ABC 7 Exposes More Debt Collector Illegal Tactics!
Written by Webmaster
In this recent video on ABC 7 in New York, Tappy Phillips exposes the Debt Collection Industry and how they try to collect on debts that are beyond the Statute of Limitations; as well as harrassing neighbors for information! Tappy is joined by Glen Gordon of the FTC.
Learn more about these Debt Collector Slime at www.caipnj.org!
www.caipnj.org
SJ Mills
YOUTUBE INFO
The Offer in Compromise program was established to grant tax debt relief to to people who cannot pay their taxes. An Offer in Compromise is not always the best option. It is important to determine if the tax debt liability can be avoided at the audit, appeal, or tax court level. Additionally, there may be ways to avoid collection of taxes that re bettern than the offer in compromise, such as bankruptcy or waiting out he collection statute of limitations.
Late night television is full of people advertising services that promise to settle your tax debt for "pennies on the dollar." These services are generally not attorneys, and are basically Offers in Compromise mills. They fill out the forms, regardless of the clients' individual situation, and make an offer. These offers are often not accepted by the IRS. The IRS has even gone so far as to release a consumer alert advising taxpayers to beware of these "pennies on the dollar" claims.
If you think you may qualify for the Offer in Compromise program because doubts about the tax liability, doubts about their ability to pay the tax debt, or undue hardship involved in paying the tax debt, it is best to have an experienced and knowledgeable tax attorney help you present your arguments. The vast majority of offer in compromise filings are rejected by the IRS and the chances of a successful petition are much better with an qualified Offer in Compromise attorney on your side.
www.4taxhero.com
Author: infohero
Keywords: offer in compromise tax debt relief settle with the IRS attorney lawyer
Added: March 26, 2007
American Credit Collections -- How to NOT collect a debt
I got a nastygram from American Credit Collections, LLC. out of Scranton, Pennsylvania in the beginning on June, 2007. I immediately called their telephone number and received a series of harassing telephone calls.
This company does not appear to be a licensed debt collector in my state, a class I felony. Additionally, their collection letter threatened post-judgment remedies, "aggressive legal action" and stated they were verifying my employment and attempting to locate assets that could satisfy the debt.
Please note, this debt, if at all legitimate, is way beyond the statute of limitations. Of course, ACC has somehow managed to re-age or otherwise misrepresent the date of chargeoff. According to my records, the account was opened March 24, 1998, last payment May 10, 1999 and charged off on December 20, 1999 for $658.
What follows is fantastic example of the illegal tactics that "fly by night" debt collection companies use.
Be warned.
Update: If you've paid these people by credit card or check, I'd love to find out the name on the account they routed the money through. Please shoot me a PM!
Author: NASTYDEBTCOLLECTORS
Keywords: Debt Collection American Credit Collections Finance Financial Telephone Recording Recordings Phone
Added: June 29, 2007
IRS Enrolled Agent sits down with TaxTV to discuss two very important statutes of limitations on tax liabilites: the Collection Statute Expiration Date (CSED) and the Assessment Statute Expiration Daate (ASED).
Author: TaxTV
Keywords: business statute of limitations ased csed tax debt relief irs enrolled agent
Added: March 23, 2008
LHCC directors discuss a plan to try a 2nd collection agency to collect old receivables of its subsidiary LHEUC that are outside the 3 year statute of limitations.
Author: LakeHolidayNews
Keywords: LHCC Lake Holiday LHEUC Ray Sohl "Debt recovery Bureau"
Added: May 2, 2008