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72 hour transaction claues

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davmcgee

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Post Posted: Sun Oct 25, 2009 11:59 am    Post subject: 72 hour transaction claues
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I called a tax relief company to inquire about assistance with the IRS. I was quoted an amount that I voiced to the company rep i couldn't afford. I explained I was in concerned of having my payroll check levied at 75%, the rep quoted an amount at 4900 I told him I could not afford that amount. The rep said he could set it up so I would pay 50% now and the remainder in 30 days. Again I said no. I ask could I spread it out more, the rep said he would have to add 5% it would amount to 3 payments at 1800 beginning 10/16/09.
I again said no I couldn't afford that, the rep kept reminding me the IRS will take 75% of my check if I didn't act immediately. Out of fear I agreeded, the Rep faxed me documents to UPS for power of attorney and a draft to my checking account to withdraw 1800 dollars. The Rep told me to sign my wifes name to both documents so that he could fax the information to the IRS before 7am that evening. The rep had me call him so he could make sure I fax the info back correctly and immediately, it was a little after 6:15 pm. I did as the rep requested. This was on10/8/09.
The next day 10/09/09 I called the Tax relief office at 2:15 pm and cancelled the transaction. The rep I spoke with was not in , but the gentlemen who took his call told me the transaction would be terminated and he would notify the Rep.
On 10/16/09 1800. was taken from my account by American Tax Relief, I called them an was told I would not get my money back.
Do I have any recourse, I mentioned the 72 hour clause.

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adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Sun Oct 25, 2009 8:16 pm    Post subject:
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Hi davmcgee,

It is quite surprising that when you canceled the transaction on the next day, then they should not have deducted the money from your account. You should contact your tax relief company and discuss the issue with them and check out if they can help you. If they are not helping you, then you should contact an attorney and get his opinion in this case.

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