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U S Treasury Offset Program Utah State Tax Commission  Form

U S Treasury Offset Program Utah State Tax Commission Form

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Instructions and help about tax commission state

hi everyone this is Sofia from better credit USA today I'm going to chat real quick about top it's called treasury offset program so what it is is a program that is a centralized offset plan administered by the bureau of the fiscal services debt management TMS to collect delinquent debt owed to federal agencies and states that include child support and student loans passed to defaulted loans and a collection of debts owed to the federal agencies so what that means is if you have debt outstanding even if it's 10 years or 15 years and you owe to other government or government back notes you better have repayment plan in place because they are coming to get it and they will get it and if you're expecting a tax return you will not see it because it will be intercepted and will be applied to your defaulted looks now there is a there is a way to work out settlements and repayments and to have these defaulted student loans off via credit report in lieu of repayment plan or settlement if you w

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