Unemployed Client Finds Debt Relief through Offer in Compromise

A man who had lost his job contacted Omni to help him file an Offer in Compromise with the IRS. The client was living off his 401(k) account, and the IRS wanted to count this as an asset. If the 401(k) account was counted as an asset, the Offer in Compromise would have been closer to $9,000.

Through multiple negotiations, Omni was able to convince the IRS that the client needed the 401(k) account to provide for himself. As a result, the Offer in Compromise only accounted for the equity in his vehicle and bank account, saving the client thousands of dollars.

Only about 25% of all Offers in Compromise are accepted by the IRS. Omni Financial can help you submit the Offer that has the best chance of getting accepted. Contact us today for a free consultation.