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New Collections and Debt Legal Questions & Answers

On a time-barred debt, what is the SOL for an open-ended account?

In DE there is a difference between open-ended and closed-ended debt regarding the Statute of …

FreeAdvice Contributing Attorney answered 2 years ago

What is the limit on time barred debt?

1) The time limit varies by the source of the debt: e.g. is it …

FreeAdvice Contributing Attorney answered 2 years ago

Can IRS come and seize property or inventory of a new business owner if the past owner owes back tax money?

Listen, if you are planning on being the "new owner" then I would hold …

FreeAdvice Contributing Attorney answered 2 years ago

What are a co-owners rights regarding a car in the event of a tax levy?

You are not in the best of shape here with this matter.  A tax …

FreeAdvice Contributing Attorney answered 2 years ago