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re: Need help resolving fiance's credit card debt issue(seeking collection)
Posted on 6/12/13 at 3:09 pm to VABuckeye
Posted on 6/12/13 at 3:09 pm to VABuckeye
so adding another $15000 to her income taxed @ her tax rate or paying $2300 today to settle this is the issue at hand?
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
Thanks for the offer OG I appreciate it. I don't really have any attorney friends to ask..
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
Thanks for the offer OG I appreciate it. I don't really have any attorney friends to ask..
This post was edited on 6/12/13 at 3:10 pm
2
Posted on 6/12/13 at 3:18 pm to ThaBigFella
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 on 6/12/13 at 3:59 pm to ThaBigFella
I'm not saying she'll get hit with $15k in income. I'm saying the law says that she can get hit with income for the owed debt. I have no idea how the final number is calculated.
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