Statute of limitation


L

Louis Rey

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
 
Ad

Advertisements

T

TaxmanHog

Louis Rey said:
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.
 
Ad

Advertisements

G

Gary Goodman

(e-mail address removed) says...
"Louis Rey" <> wrote:
Then a LIEN of some sort was filed somewhere.
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.
Lien will be there some time after the liability becomes
unenforceable
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!
You jest!
Too bad for them.
Actually, too bad for her. If she didn't list the debts,
they did not get discharged.

Gary
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top