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rear
Typically they can seize liquid assets if there are taxes owed.
Accounts Payable
Yes it is. . .it is called receivable.
If you are owed money by the federal government, the money that the federal government sends you is called a "tax refund" or sometimes just a "refund."
no they can't they can only put a judgment against you for what you owed left on it
It's called "Owed favors memory loss", especially if money is involved (owed).
To pay what is owed. To pay what is only owed. To pay what is only owed timely. To always speak, write and act professionally. D. Thaxton
But of course all they really want is your money they only take your vehicle in order to get your money that's why its called collateral.
No. If you owe back taxes, the government will automatically take out what you owed last year from what you get refunded this year.
If you mean IRS money owed to you, they will first take that money, called a refund and then look for the balance. Yes, they can and they will. They will attach any IRS refunds you have coming to you. It may not happen the following year, but eventually it will be deducted, with interest.
liability
rear
A creditor is someone who has a debt owed to them. The one who owes the debt is the debtor.
Not knowing who "they" are. It is difficult to answer. Anyone can take you to court and sue you for money owed. This is our legal system at work.
The notice that is sent to a patient that shows the amount owed to the physician is called a statement.
Typically they can seize liquid assets if there are taxes owed.