Share post
Share
Debt Consolidation Forums US tax system and impact on debt forums

Can I take help of a consolidation program to pay tax debt?

Date: Sun, 03/03/2019 22:17
member profile picture
Posts: 1
Credits: 0
[Donate]

Can I take help of a consolidation program to pay tax debt? Can I merge my other debts with that?




Unfortunately, you can't pay off tax with a debt consolidation program. You can't merge it with other debts. There are several IRS tax debt relief options like Offer in Compromise. You can take advantage of that.

Sub: #1 posted on Tue, 03/05/2019 - 00:39

Nick Jonas Nick Jonas

(Posts: 401 | Credits: )

Yes, usually you can't repay tax debt with such a program. However, you can merge other unsecured debts into a single monthly payment with the help of such a program.

Sub: #2 posted on Wed, 03/06/2019 - 23:46

Ryan Miller Ryan Miller

(Posts: 47 | Credits: )

You can merge your unsecured debts like credit card debts, medical bills, utility bills in a consolidation program. However, to repay the tax debt, you need to consider IRS tax relief program.

Sub: #3 posted on Thu, 03/07/2019 - 05:20

sanderspatricia29 sanderspatricia29

(Posts: 1118 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.773 seconds.