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Don't think they'll budge, but...

Posted by Ward-CA- on May 03, 2008 at 0:56 AM

In Reply to: State Franchise Tax Board posted by Kurtis on April 29, 2008 at 1:32 PM

Kurtis,

I don't recall the Franchise Tax Board ever giving an inch on any indebtedness owed them. But give it a try. The worst they can say is no.


========Ward


-----------------


: Sorry if this is repeat, I couldn't find the answer in archives. How can I approach the State Franchise Board about negotiating their lien down or releasing a portion of it?

: The property is overencumbered and in foreclosure anyway, the state probably won't get anything. I am talking to the second and hopefully the state, if they both give a little, we can buy it. Where do I go to talk to the state tax people? Doesn anyone know how long it might take?...we have a compelling case for them to discount....thank you, Kurtis



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