Can a finance company have my tax return garnished or taken away?

jay27 asked:


10 years ago I defaulted on a car loan, and still owe the finance company $7000, which I’m planning on paying now. Can the finance company take my tax return, or only if I owe FEDERAL AGENCIES?
The case went to court, and I was in another state at the time, so judgment was awarded to the finance company.
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7 Responses to “Can a finance company have my tax return garnished or taken away?”

  1. angela Says:

    no only if you like back child support back taxes or student loans

  2. Liberal AssKicker Says:

    The IRS can only collect on federal debts and court judgments.

    If the company GETS a court order, then yes.

  3. Max Hoopla Says:

    IRS will keep your tax return after processing. That is what its job is.

  4. Kristi Says:

    The finance company can’t even collect on the debt anymore if it was 10 years ago. Defaulted loans that go into collections cannot legally be collected after 7 years.

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  7. Won Says:

    It is a problem in a matter of law.
    You should turn to your laywer for professional advice.

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