I'm broke. IRS has a lien on me for $24k but has said I am unable to pay and they pretty much leave me alone. Portfolio collectors are taking me to court for $12k credit card. First time in court they presented a Continuance till March 26. My question is this; in the event of a judgment from Portfolio who is first in line; IRS or Portfolio?
1. It's "its money". This error drives Dumb Bob nuts. 2. If it is something that the IRS believes is not worth bothering with, like you have a few hundred in a bank, it is very possible that the private collection company will seek some kind of garnishment and get it. 3. The original poster should obviously read his state's laws and court rules to try to understand how to deal with this very real threat.
1.) Thanks for pointing out my careless grammatical error. It drives me nuts when I make that mistake and miss it too! 2.) True, but the IRS is still technically first in line 3.) Never a bad idea...
That particular grammar error is one of my major pet peeves as well. Because it's quite possibly the only rule in English grammar which NEVER has an exception.
