The Types Of Cases Handled By An Airplane Repo Attorney
Airplane repossession is a complex process that involves legal, financial, and logistical considerations. When a lender or lessor needs to repossess an aircraft, they may seek the services of an airplane repo attorney to handle the legal aspects of the repossession. Here are the sorts of cases that an airplane repo attorney may take on. Defaulted Loans One of the most common reasons for airplane repossession is a defaulted loan. When an individual or company takes out a loan to purchase an aircraft, they are required to make regular payments on the loan.
3 Things To Know About An Offer In Compromise
Tax debt is not something that should be ignored. If you owe the IRS a significant amount of money, you are putting your assets and freedom at risk. There are some ways to negotiate with the IRS in an effort to reduce your tax debt. One tool that taxpayers often turn to is an offer in compromise, or an OIC. An OIC is intended to allow taxpayers to settle their tax debt for an amount that is less than what they actually owe.