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  1. 03-10-2016, 12:52 AM #3
    RogueCaliISO
    RogueCaliISO is offline
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    Quote Originally Posted by FUNd View Post
    Why, if they have a million dollar CD with the bank, are they not paying the IRS with it, and fixing the cash flow issues on their own? They would rather earn 1% on the CD and pay 35 cents on the dollar for a cash advance and eat the penalties and interest that are racking up on that 500K with the feds?

    What's missing here?

    By the way, the deal didn't fall out, it was never approved. Rapid underwrites files backwards.
    They aren't dumb guys... there is probably a very legitimate reason why they are not doing that.


    Additionally, their accountant was very confident in the offer and compromise wiping out all the fees and interest for the lien.
    Last edited by RogueCaliISO; 03-10-2016 at 12:56 AM.
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