Hi there,
My mothers sister and her husband had a small business (sole trader) that closed two years ago. The Revenue Commissioners were the only unpaid creditor with a liability of approximately 22k. Neither party had the funds to pay the Revenue in lump sum form and completed a phased payment application form to which they never received a formal response too but simply a telephone call from a tax official who said they didn't have enough income to clear the liability in the time frame the Revenue would like it cleared; however, they continued to pay the Revenue what they could without fail each month. This was not good enough and the debt was passed to the sheriffs office.
In the interium one of the parties returned to full time employment and considered the option of insolvency but that has been knocked on the head due to their line of work which rules out insolvency.
The sheriffs office are aware of limited income into the property as are the Revenue but have refused to come to any sort of agreement to clear the debt. The liability as of today's date is at 10.5k as both individuals have placed the Sheriff as top priority over their mortgage and the mortgage has now gone into free fall. They are relying on a charity for food stuffs etc both Sheriff and Revenue are aware of this but won't budge.
Should the Revenue have formally declined the phased payment application having considered bank statements and all relevant documentation that was presented to them?
Also just to mention both individuals are old school and have no intention of not clearing their liability.
My mothers sister and her husband had a small business (sole trader) that closed two years ago. The Revenue Commissioners were the only unpaid creditor with a liability of approximately 22k. Neither party had the funds to pay the Revenue in lump sum form and completed a phased payment application form to which they never received a formal response too but simply a telephone call from a tax official who said they didn't have enough income to clear the liability in the time frame the Revenue would like it cleared; however, they continued to pay the Revenue what they could without fail each month. This was not good enough and the debt was passed to the sheriffs office.
In the interium one of the parties returned to full time employment and considered the option of insolvency but that has been knocked on the head due to their line of work which rules out insolvency.
The sheriffs office are aware of limited income into the property as are the Revenue but have refused to come to any sort of agreement to clear the debt. The liability as of today's date is at 10.5k as both individuals have placed the Sheriff as top priority over their mortgage and the mortgage has now gone into free fall. They are relying on a charity for food stuffs etc both Sheriff and Revenue are aware of this but won't budge.
Should the Revenue have formally declined the phased payment application having considered bank statements and all relevant documentation that was presented to them?
Also just to mention both individuals are old school and have no intention of not clearing their liability.