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To: skreiger who wrote (888)1/8/1998 12:25:00 PM
From: CO  Respond to of 27968
 
Sometimes with tax liens it is not always the actual tax owed that can cause the biggest problem. The penalty fees and accrued interest can sometimes be enormous. This is especially true with Federal Tax Liens.

I have seen cases where the penalties and interest charges have far exceeded the original tax that was owed.

Cheryl



To: skreiger who wrote (888)1/8/1998 12:46:00 PM
From: Brad  Read Replies (3) | Respond to of 27968
 
Scott, (Re your post #888) During negotiations, it is likely that Non-Disclosure Agreements prohibit information like this from being released. But AFTER a deal is closed more details are likely to be available.

I know if I was the owner of the private company involved, I would NOT want any information released to the public until AFTER the deal was done. The reason... what if the deal didn't close for some reason. I wouldn't want the whole world to know all the details about my business.

Non-Disclosure Agreements are pretty standard in situations like this.

Best wishes,
Brad