Quote:
Originally Posted by Bobby Lex
I wonder what the odds are that the fine (or any portion of it) will ever actually get paid.
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Uncle Sam has a
Treasury Offset Program. If you owe the Feds or your state
money, what you owe will be offset against what you may be entitled to from the
government.
Example: you owe the U.S. Coast Guard $98K+, the U.S. govt. owes you Social
Security. You only get 75% of the Social
Security benefits you would otherwise receive until your debt to the U.S. is paid. You are entitled to a federal
income tax refund - you will not get any of it; it will be applied to the debt you owe.