Can a creditor take IRS refund?

1 Answer

Answer :

Need answer

Related questions

Description : How long does it take the irs to take there money you owe them Will my tax refund be offset even though the irs process my tax return?

Last Answer : Yes if you owe the IRS money your tax refund will be offset, and usually if they are aware that you owe them money, they will offset it immediately.

Description : When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?

Last Answer : A. A tax refund

Description : If you have a judgement, and it's paid off, do you file the release or does the creditor?

Last Answer : When I was interning with probation and we converted their fees to a civil judgment, they had to take proof that it was paid to the courthouse in order for it to be removed. This may vary by jurisdiction, so I’d call and ask.

Description : When making payments on a debt, is it legal to request of the creditor that payments be applied to the principal only?

Last Answer : answer:The contract should state whether you can pay extra payments toward principal or not, or if a pre-payment penalty will be incurred. Most reputable companies will let you pay toward the principal, ... that is where they make their money. The principal is what they risked, not what they gain.

Description : What can I do to make this creditor to stop calling me?

Last Answer : answer:Is there no stalking or protection from harassment legislation you could use to make them stop? Here in the UK, I would first write a polite letter explaining why I thought I wasn't liable. If they persisted ... Act. If they have a case and you do owe them money, it's probably best to pay up.

Description : Ability to repay credit: Consumer and Creditor responsibilities?

Last Answer : I think it’s the consumers job to know what they can afford. It’s pretty simple math.

Description : Why did the US become international creditor from international debtor? -SST 10th

Last Answer : . World War I led to the snapping of economic links between some of the world's largest economic powers which were now fighting each other to pay for them. . Britain borrowed large sums of ... So, the US and its citizens owned more overseas assets than foreign governments and citizens owned in US.

Description : What term describes any kind of money a creditor must accept by law for payment of a monetary debt?

Last Answer : A judgment is a court order issued by the court stating that thecreditor has won the lawsuit and is entitled to a certain amount ofmoney.

Description : Creditor, Objection to Debtor Offset?

Last Answer : Creditor, Objection to Debtor Offset(Download)Date:Name of Debtor (Person Owing Debt)Address:Dear Sir or Madam:We acknowledge receipt of your check tendered in the amount of $_________, which we accept as ... , comment, or other written item on the face of a check objecting to the charges and stati

Description : Do debt settlement attorneys help with creditor lawsuits?

Last Answer : That will vary depending on the debt settlement attorney. Some will assist you if you are sued. Others state in their contract that if you are sued that they cannot and will not assist you ... best to ask that question before signing up for debt settlement. russian speaking lawyer in omaha, Nebraska

Description : If I am a creditor (landlord)what does Chapter 13 bankruptcy mean for me I am listed in the creditors by a lady that rents a house from me. Thank you.?

Last Answer : Usually it means that you can't sue your tenant in regular court, you have to go thru the bankruptcy court. It really shouldn't mean much for you, tho, your tenant will need to keep paying rent, or move out.

Description : if you have more than one job, can a creditor granish both places of employement?

Last Answer : As long as your employer is reporting you wages to the goverment they can garnish them.

Description : How soon can the creditor garnish the debtors wages after the judgement has been made in court?

Last Answer : within 90 days

Description : will I be notified before a levy from a creditor (not tax related)can actually levy my bank account?

Last Answer : a creditor with a judgment found my bank account and took the money out and i got a notice of it the same day in the mail. too late my account was zero. it was my social security payment which is illegal.

Description : Which is an interest-free period that is to be given by a creditor to debtor? A. Fixed Period B. Preset Period C. Grace Period D. None of the Above

Last Answer : C. Grace Period Explanation: The grace period is the provision in most loan and insurance contracts which allows payment to be received for a certain period of time after the actual due date. During ... will be charged, and the late payment will not result in default or cancellation of the loan.

Description : A person who owes money to the business is called 1. creditor 2. proprietor 3. debtor 4. both 1 and 2 5. None of these

Last Answer : debtor

Description : Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor

Last Answer : b) Preferential creditors

Description : A contributory is a a) Unsecured creditor b) Shareholder c) Preferential creditor

Last Answer : b) Shareholder

Description : Preference dividend in arears on the date of winding up is a) Treated as Secured creditor b) Treated as Preferential creditor c) Treated as Over – riding preferential creditor d) Added to Preference Share Capital

Last Answer : d) Added to Preference Share Capital

Description : Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor

Last Answer : Over – riding preferential creditor

Description : Amount of calls in advance is treated as a) Secured creditor b) Preferential creditor c) Asset not specifically pledged d) Unsecured creditor

Last Answer : b) Preferential creditor

Description : Following is treated as over – riding preferential creditor a) Retirement benefits of employees b) Retirement benefits of workers c) Salary due to employees exceeding Rs. 20,000 d) Remuneration to investigator

Last Answer : c) Salary due to employees exceeding Rs. 20,000

Description : Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in the event such secured creditor has relinquished security ranks equally with ___________. a) insolvency ... period of twelve months preceding the liquidation commencement date d) dues to Central Government

Last Answer : b) workmen’s dues for a period of 24 months prior to liquidation commencement date

Description : Who determines the amount of claim due to a creditor under the Insolvency and Bankruptcy Code, 2016? a) Committee of Creditors b) Resolution Professional c) Adjudicating Authority d) Corporate Debtor

Last Answer : b) Resolution Professional

Description : The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Last Answer : c) Entity

Description : The first item in order of payment to be made by liquidator is A. Liquidation expenses B. Secured creditor C. Preferential creditor D. Preference shareholder

Last Answer : A. Liquidation expenses

Description : Share holder are____________ A. Creditor Of Company B. Debtor of Company C. Owner of Company D. Members of Company

Last Answer : C. Owner of Company

Description : Debenture holder are____________ A. Creditor Of Company B. Debtor of Company C. Owner of Company D. Members of Company

Last Answer : A. Creditor Of Company

Description : A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the ... the age of majority D. The creditor can recover his amount from the parent or guardian of the minor

Last Answer : A. The creditor cannot recover the amount from the minor since a contract with a minor is void ab initio

Description : In contract of guarantee, the person in respect of whose default the guarantee is given, is known as: A. Creditor B. Surety C. Principal debtor D. Debtor

Last Answer : C. Principal debtor

Description : In contract of guarantee, the person to whom guarantee is given is known as: A. Creditor B. Surety C. Principal debtor D. Debtor

Last Answer : A. Creditor

Description : Decrease in a creditor is a---------------- of cash a) Inflow b) No flow of cash c) Outflow d) None of these

Last Answer : c) Outflow

Description : The person to whom the guarantee is given is called a) Indemnifier b) Principal debtor c) Indemnified d) Creditor

Last Answer : d) Creditor

Description : The person who gives the guarantee is called a) A surety b) Guarantee c) Competent d) creditor

Last Answer : a) A surety

Description : A continuing guarantee may at any time be revoked by the surety as to future transactions by giving a ____ to the creditor. a) By notice b) By Oral c) By death of surety ` d) none of these

Last Answer : a) By notice

Description : In case of Contract of guarantee, if the creditor loses or parts with any security which the debtor provides him at time of contract, the surety is discharged to the extent of (a) The value of the security (b) The surety can be fully discharged (c) The surety can claim damages (d) All of the above

Last Answer : (a) The value of the security

Description : Which is not the case of discharge of surety (a) By notice of revocation (b) By death of surety (c) If creditor releases the principal debtor (d) None of the above

Last Answer : (d) None of the above

Description : If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

Last Answer : answer:I just did mine through the TurboTax free edition. I got my w2 on 1/15, filed on 1/18. The IRS began processing refunds on 1 / 30. Mine cleared in my bank account on 2/8. They’re pretty damn quick. Direct deposit is the way to go.

Description : Why does it take longer for a refund to appear on your debit card than it does for a purchase?

Last Answer : It takes longer for a refund to appear because the refund must go back through the system in which took your purchase. Example. You buy a pizza and don't like it. You call and want a ... then send the voided slips to the cooperate office and they have to refund your money through their system.

Description : How long does it take to get your state tax refund in Maryland?

Last Answer : Need answer

Description : How long will it take to receive my income tax refund?

Last Answer : This can vary depending on your method of filing, as well as requested method of receipt. If you file online, and request direct deposit, it can be as soon as two weeks.

Description : How long does it take to get a refund from my federal tax returns?

Last Answer : People normally get their federal tax returns in the time period of March to April. Depending on where you are located and when you filled it out, this may differ, but usually it's near the end of the 1st quarter of the year.

Description : How long does it take for me to receive my tax refund?

Last Answer : If you filed your tax refund by mail it will take six to eight weeks to receive your refund check. If you filed elecronically you can receive your refund in as little as 24 hours.

Description : How long does it normally take the IRS to process a 1040X form?

Last Answer : There's no set limit to how long the IRS takes. If you file early they'll be less busy and usually it will be done in three weeks. However if you want to the last minute it might take twice as ... taking up to 18 weeks or longer. During the off season it appears that it takes 6-8 weeks on average.

Description : How long does it take to get IRS tax forms that you request by mail?

Last Answer : It would take a least a week to get IRS tax forms. However any and all tax forms you might need are available at any US Post Office or IRS office.

Description : What legal steps can I take if I've been hit with an IRS tax levy?

Last Answer : First, confirm that the levy is actually yours. The IRS makes mistakes, too. If it is true, you can contact the IRS and offer to make payments instead of the levy. You need to be able to show hardship. Despite their rep, they will work with you, if you don't ignore them.

Description : Refund from paypal/scam app?

Last Answer : Welcome to Fluther!!! I have found PayPal to be very helpful in getting refunds. You may need to contact them more than once; but, they usually come through.

Description : What's the largest tax refund you have received?

Last Answer : Well, when I was claiming four kids, and my gross income was right at that break off point of about $13,000, I got about $7,000 back.

Description : Can they show a movie backwards and give me a refund?

Last Answer : Just tell them that the movie sucked, and that you want your money back. If they refuse, just pirate the next one. It was Kong Skull Island, was it not?

Description : Tax refund sign out to third party?

Last Answer : In Canada, citizens have the right to have a government cheque cashed for free at any bank, whether or not they have an account there. Assuming you are in the US, have you checked to see if the same is true of US banks?