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re: Need help resolving fiance's credit card debt issue(seeking collection)

Posted on 6/12/13 at 3:18 pm to
Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6788 posts
Posted on 6/12/13 at 3:18 pm to
quote:

I don't get it....Im not a tax man, I have a CPA who does all my taxes. So regardless of the SOL she's gonna get hit with $15k in income? That sounds ridiculous


No, he's full of shite. Tell them to send her a letter or bill. Respond to that with a "validation letter." Google it for a template. When they can't "validate" the debt, send them a cease and desist letter. He's using all their sleazy tactics to scare you into paying. You're outside the SOL. They have no recourse.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 6/12/13 at 3:26 pm to
The taxable amount at 15% tax rate would be $2,250 for the full $15,000. They could get you to pay them $2300 and then still have $12,700 that they ding them for which at 15% would be $1,905. So a total liability of $4,155. I would just tell them to piss off.

These collections company people are scum. They've called and harassed me before because I have the same name as some dickhead who owes money. They just blindly call around based off of name, or phone number, etc.
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