I realize I might have posted this one before but it's always useful to get some sound financial advice. The Dave Ramsey show does just that. Today, he covered some of the scams that claim to be able to resolve your IRS problems for "pennies on the dollar". He noted that, in his 20 plus years of dealing with such situations, he can recall only 3 or 4 actual cases in which the IRS actually settled for less than the amount owed. I understood him to say that you practically have to prove you're a pauper (his word) in order to get a break from the IRS.
Some of his other favorite targets include collecting agencies, whether they work for credit card companies or anyone else. He usually refers to those who do the actual calling as "unintelligent life" with a track record for constantly lying to the consumer. In this aspect, his common-sense advice is to always get it in writing.
The show includes callers who have been laid off and have very little or no resources looking for some guidance. Many of them are tens of thousands of dollars in debt. Another group of callers are those who were in debt but have used Ramsey's help (according to them) and are now debt-free.
The show can be heard on XM radio channel 165 at 11am Laredo time or you can catch it between 1 and 4pm on KTSA 550 am radio which broadcasts out of San Antonio. I suggest you give it a listen. Maybe you'll pick up a nugget of good advice or two.
When people ask him how he's doing, doesn't he respond with 'better than I deserve.'
ReplyDeleteYea, I think that's one of his favorite lines. Another he uses a lot is sort of confusing: "live like no one else, so one day you can live like no one else. The first part he means scrimp and save like no one else and the in the second part he means =so you can one day be debt free-like no on else. Makes sense huh? I know, I know.
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