twitter




Monday, October 26, 2009

Can the Goverment take your tax Refund?

if you made agreement with the school to pay off your student loan..can they still take it..



Can the Goverment take your tax Refund?

If you are meeting terms of a contract your return should be safe. However, it is a sad fact of life we are surrounded by idiots and computers and the only thing you can be sure of is that nothing is sure.



Can the Goverment take your tax Refund?

If your student loan is not in default status, your refund will not be offset to pay your student loan.



To find out if there is an offset call Financial Management Services at 1-800-304-3107



Can the Goverment take your tax Refund?

not if it%26#039;s student loans



Can the Goverment take your tax Refund?

If the lender/holder of your student loan filed a lien on your Federal return the IRS will seize your refund until the lien is removed. Once you get in the collection process it is difficult to get out until the loan is paid in full. The people doing the collecting can but some refuse to do so to avoid the cost of doing it a second time if you fall behind again.



Can the Goverment take your tax Refund?

If your student loan is in default status your refund can be captured to reduce the debt even if you have a payment plan and are current on it.



If you are not in default status then your refund is safe from capture.

No comments:

Post a Comment