IRS debt

I don't know anything about those settlement agencies, but I would check tham out with the BBB. Sometimes if you speak with the IRS, they will settle for a smaller amount. A friend of mine paid for years, and finally got them to settle for a lower amount. Speak with them, tell them you can't afford the payment, but want to get this settled,can't hurt, and maybe it will do some good..Good Luck..Karen

thank you bossy4455, never thought of asking the IRS to settle will try it

How much have you paid by now as per the payment plan? Chances of negotiations will provide better results if you have paid at least half of the total debt. Since this is a federal debt, you don't want to mess it around.

the amount started at $19,000 when I was put on the payment plan 2 years ago, but it started at 200 per month I sent 500 but I was married.......now I am divorced and poor........I can't even afford 200 a month

I am sorry to hear about your problems. Talk to a debt counselor for your options. Few companies consolidate IRS debts. Since this is a federal debt, the govt will not spare your payments. I am not trying to increase your worries, but I want you to be prepared of the consequences that can happen if you don't pay. Do you have any insurance or 401K plan?

Why is your pmt so high?????? Cant it be lower..

Have you thought about doing an Offer in Compromise? This is where you offer the IRS one flat amount to settle the debt.

payment is so high because that is what the IRS set.

kscornell
offer of compromise?? Tell me more please