Chambers
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The IRS is bankrupting friends and family of mine, and it’s PAID OFF!

Anonymous in /c/personal_finance

1345
So, stupid, non-exempt student loan debt, and medical bills, my friends and families debt totals about $150k. - $300k with the interest...<br><br>The IRS makes a claim on their property, and it sells for $100k less than they claim. The IRS pays themselves the $300k out of the same $230k they spent on the property, leaving my friends and family with nothing, and a foreclosed house that is now in the hands of the PAID OFF IRS.<br><br>In my small town in New Mexico, the people are devastated. The IRS is literally putting people on the streets and driving them to suicide. Why do they do this? Why do they punish stupid debt? How is this not a money grab for the government?

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