- 2 -
|
INSTALLMENT PLAN INFORMATION SHEET
INTRODUCTION
The Offer in Compromise program allows for installment payments under an
agreement not to exceed five years.
ABILITY TO PAY
An installment plan will be considered ONLY if you demonstrate the inability to
pay the compromised amount in full.
REQUIREMENT OF PARTIAL PAYMENT
Your offer must not exceed a five year period. Payment must be submitted in the
form of cash (do not send cash through the mail), cashier’s check, or money
order.
All payments made with this offer are submitted voluntarily. In the event an offer
is not accepted, the amount will either be applied to the liability or refunded at the
discretion of the employer or individual submitting the offer.
When entering into a partial payment agreement to satisfy the amount offered
and the applicant defaults, the agreement will be rescinded. All compromised
liabilities and liens will be reestablished without regard to the statute of
limitations. All monies paid on the compromised amount will be applied to the
reestablished liability.
DE 999D Rev. 1 (1-15) (INTERNET) Page 2 of 2
|