This is going to sound crazy, but does anyone know how to time a bank levy?
As I posted on another thread, I was on a payment plan with the IRS when I lost my job and stopped paying them. Being the idiot I am, I also ignored their letters and never called them.
Then last Saturday I got a notice in the mail "Notice of levy" against my bank. I withdrew all my money out of paranoia, but the problem is I am two months behind in my rent and on absolute last legs with my landlord who wants to evict me and will use any excuse to haul me off to court again, and last Thursday I mailed him the rent for October.
I called up the IRS this morning and straightened everything out and they put me back on a payment plan (I started a new job) but they refused to cancel this levy which my bank says they still haven`t gotten.
Now I am down to timing this damn thing. If I put the money ($1000) back into my account today, I risk having it seized if the bank gets the Levy tomorrow. On the other hand if I leave the money out, I risk the rent check bouncing and all hell is going to break loose.
I tried to call my landlord and left a message asking he deposited the check yet (he is impossible to get a hold of) and he still hasn`t called me back. There is no way in hell I`m telling him to wait, or wait for a money order, and I can`t hand it to him personally as he lives too far away.
So now it all comes down to timing....The IRS told me they mailed it to my bank on 11/26, then I called up again and this other IRS agent told me it was mailed 11/20, then I got one guy telling me it takes 7 days then another told me 10 days, then I got a woman who told me 14 days. I`ve been calling all morning over and over trying to get them to cancel this thing or tell me when my bank will get it, but they all give me different answers.
Should I put the money back in the account or not? Should I flip a coin? I`m sort of siding with holding on to the money because if they seize that $1000, not only will I be out of $1000, but I will not be able to buy a money order and show it to the Judge (with the receipt as proof when my demon landlord hauls me off to court.)
As I posted on another thread, I was on a payment plan with the IRS when I lost my job and stopped paying them. Being the idiot I am, I also ignored their letters and never called them.
Then last Saturday I got a notice in the mail "Notice of levy" against my bank. I withdrew all my money out of paranoia, but the problem is I am two months behind in my rent and on absolute last legs with my landlord who wants to evict me and will use any excuse to haul me off to court again, and last Thursday I mailed him the rent for October.
I called up the IRS this morning and straightened everything out and they put me back on a payment plan (I started a new job) but they refused to cancel this levy which my bank says they still haven`t gotten.
Now I am down to timing this damn thing. If I put the money ($1000) back into my account today, I risk having it seized if the bank gets the Levy tomorrow. On the other hand if I leave the money out, I risk the rent check bouncing and all hell is going to break loose.
I tried to call my landlord and left a message asking he deposited the check yet (he is impossible to get a hold of) and he still hasn`t called me back. There is no way in hell I`m telling him to wait, or wait for a money order, and I can`t hand it to him personally as he lives too far away.
So now it all comes down to timing....The IRS told me they mailed it to my bank on 11/26, then I called up again and this other IRS agent told me it was mailed 11/20, then I got one guy telling me it takes 7 days then another told me 10 days, then I got a woman who told me 14 days. I`ve been calling all morning over and over trying to get them to cancel this thing or tell me when my bank will get it, but they all give me different answers.
Should I put the money back in the account or not? Should I flip a coin? I`m sort of siding with holding on to the money because if they seize that $1000, not only will I be out of $1000, but I will not be able to buy a money order and show it to the Judge (with the receipt as proof when my demon landlord hauls me off to court.)
Comment