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re: When will we know if Coach O is officially in the hot seat?

Posted on 10/1/17 at 6:38 pm to
Posted by 7nette
Member since Nov 2015
4909 posts
Posted on 10/1/17 at 6:38 pm to
quote:

i agree but who's going to write the check?


It's not a lump sum payment, as long as they can justify the loss per year will be a substantial amount more than the buyout per year payments they can do it.

Example : You have $5000 of debt due to the IRS, They give you the option to either pay $150 a month to pay it off in 3 years or you have to take a 10% garnishment to your pay, which comes out to $500 a month.
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