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Old 04-26-2004, 03:28 AM
Gary Goodman
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Default Re: Statute of limitation

taxmanhog[at]comcast.net says...
- quote -

> "Louis Rey" <> wrote:

> > I owe the IRS assessments dated 12-31-1988 & 09-30-1989.
> > > I have been living in Europe with my family; I decided

> > yesterday to look at my credit rating, all 3 bureaus, the
> > reports listed under "court judgments"


> Then a LIEN of some sort was filed somewhere.


> > Discharged Bankruptcy Chapter 7 10/1994
> > I filed for bankruptcy in October 1994
> > My questions are
> > 1. Can I take advantage of the statute of limitation, 10
> > years I believe, if necessary?


> Yes & NO,
> You have been & are out of the country, this effects the
> Statutes running age, as did your bankruptcy which also
> effected the SOL, extending the collection period.


> > 2. I was told by an attorney before my filing for bankruptcy
> > that taxes were not dischargeable is that true?


> Yes


> > 3. How long does the bankruptcy and related stay on my
> > report?


> Lien will be there some time after the liability becomes
> unenforceable


> > 4. How reliable are all those reports from Equifax,Experian
> > & TransUnion?


> Very reliable, but in the case of LIENS, they often do not
> record the release event until YOU provide them with a copy,
> which you could get when you PAY the debt!


> > I have a hard time to believe that the IRS is so kind!


> You jest!


> > I do not even see listed $ due to few credit cards I omitted
> > to list in my bankruptcy ? how is that possible


> Too bad for them.


Actually, too bad for her. If she didn't list the debts,
they did not get discharged.

Gary

--
You can probably X figure out X which letters to X delete to
derive my email address X.

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Old 04-07-2004, 08:30 AM
TaxmanHog
Guest
 
Posts: n/a
Default Re: Statute of limitation

"Louis Rey" <> wrote:

- quote -

> I owe the IRS assessments dated 12-31-1988 & 09-30-1989.
> I have been living in Europe with my family; I decided
> yesterday to look at my credit rating, all 3 bureaus, the
> reports listed under "court judgments"


Then a LIEN of some sort was filed somewhere.

- quote -

> Discharged Bankruptcy Chapter 7 10/1994
> I filed for bankruptcy in October 1994
> My questions are
> 1. Can I take advantage of the statute of limitation, 10
> years I believe, if necessary?


Yes & NO,
You have been & are out of the country, this effects the
Statutes running age, as did your bankruptcy which also
effected the SOL, extending the collection period.

- quote -

> 2. I was told by an attorney before my filing for bankruptcy
> that taxes were not dischargeable is that true?


Yes

- quote -

> 3. How long does the bankruptcy and related stay on my
> report?


Lien will be there some time after the liability becomes
unenforceable

- quote -

> 4. How reliable are all those reports from Equifax,Experian
> & TransUnion?


Very reliable, but in the case of LIENS, they often do not
record the release event until YOU provide them with a copy,
which you could get when you PAY the debt!

- quote -

> I have a hard time to believe that the IRS is so kind!

You jest!

- quote -

> I do not even see listed $ due to few credit cards I omitted
> to list in my bankruptcy ? how is that possible


Too bad for them.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 04-05-2004, 09:48 PM
Louis Rey
Guest
 
Posts: n/a
Default Statute of limitation

I owe the IRS assessments dated 12-31-1988 & 09-30-1989.

I have been living in Europe with my family; I decided
yesterday to look at my credit rating, all 3 bureaus, the
reports listed under "court judgments"

Discharged Bankruptcy Chapter 7 10/1994

I filed for bankruptcy in October 1994

My questions are

1. Can I take advantage of the statute of limitation, 10
years I believe, if necessary?

2. I was told by an attorney before my filing for bankruptcy
that taxes were not dischargeable is that true?

3. How long does the bankruptcy and related stay on my
report?

4. How reliable are all those reports from Equifax,Experian
& TransUnion?

I have a hard time to believe that the IRS is so kind!

I do not even see listed $ due to few credit cards I omitted
to list in my bankruptcy ? how is that possible

Linda R

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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limitation, statute
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