statute of limitations on IRS debts?

bzeeb

Junior Member

Joined: Feb 2005

Posts: 1
#1

statute of limitations on IRS debts?

02-25-2005, 06:08 PM

I have heard that the IRS is not supposed to collect tax debts over 10 years old from the date the form was filed. Is there any truth to this? I have debts 8 and 9 years old and I am wondering if I can just sit them out as an alternative to bankruptcy. I have nothing to attach a lein to.

Last edited by bzeeb; 02-25-2005, 06:10 PM.
Tags: None
ChrisInFlorida

Junior Member

Bankruptcy Newbie

Joined: Dec 2004

Posts: 20
#2

02-26-2005, 04:28 AM

Originally posted by bzeeb

I have heard that the IRS is not supposed to collect tax debts over 10 years old from the date the form was filed. Is there any truth to this? I have debts 8 and 9 years old and I am wondering if I can just sit them out as an alternative to bankruptcy. I have nothing to attach a lein to.

The IRS is not limited by any statue of limitations and IRS debt cannot be cleared by filing bankruptcy. They will eventually get their money one way or another.

Chris

Proverbs 22:7 - The rich rules over the poor, and the borrower is slave to the lender.
Comment

top Ad Widget