Notice Of Intent To Levy
jama...@gmail.com
I received a notice in the mail, about a month ago after I defaulted
on a payment agreement. I defaulted because I lost my job in February
and have been out of work with an illness ever since. I do not have
anything of real value, only a car which has a blue book value of
about $500, if that. I know I am in trouble here, the question is,
how much? I have every intent of paying the amount due when I get back
on the payroll again, which will be in about another month of so. What
can I do?
Thank you to all who can reply.
JMSB
Randall M
The same advice as for any creditor you may be falling behind with:
CALL THEM. NOW! Don't make it worse by hoping it will go away on its
own.
Paul Thomas, CPA
<jama...@gmail.com> wrote
Contact the IRS (if that's who your payment agreement was with) and tell
them that you're unemployed, have no assets, and that you will resume
payments when you gain employment in a month or so. They should put a
temporary hold on your account for maybe 60 days to give you time. If after
the hold period is up, and you still don't have gainful employment, call
them again.
They know they can't collect from you if you don't have it in the first
place.
--
Paul A. Thomas, CPA
Athens, Georgia