Hello and welcome to Just Answer. For over 35 years, I have answered questions just like yours. And I look forward to assisting you.
Thanks for your question. First, it is a consumer matter. And, as part of the many complaints you would allege in your complaint would be both breath of contract AND fraud. But here is the problem. Any attorney that you speak with wants to be paid. And it is will be very difficult to find an attorney to take the case on a contingency. Having said that, you are facing paying several thousand dollars in up front attorney fees with no guarantee of ever seeing a return as this company could file Bankruptcy and wipe out your debt. Therefore, unless you can find an attorney to take the case on a contingency, your best advice is to file a complaint with the federal trade commission (ftc.gov) And if enough people do so, the FTC will pursue criminal charges. But don't assume anything will happen as the FTC works extremely slowly. Sorry. Wish I could give you more positive news. thanks for understanding. Please be so kind as to rate my answer ok or better so that I can get paid for assisting you. I wish you well.
My husband and I both have legal insurance through our work, so it is paid 80/20 by the insurance and we can for sure pay the 20%, so that is not a problem. The Insurance keeps giving us attorneys that would be able to cover this; but they keep saying it is either Tax Fraud or the Consumer Protection. I have already filed a complaint with the FTC, per the request/hint of the IRS. Though I have never heard anything from them, it is good to know they are related to molasses. So, basically, we are out the $26k that we have paid them over all these years. Very sad, that's my annual salary.
If you have legal insurance, it may be worth paying the 20% copay. Arguably, if you get a judgment, but still do not collect, with the judgment you can use this against any federal taxes you owe as an offset. And you can use the offset over a ten year period. So if you lost $26000, you can deduct $2600 per year for ten years against your IRS tax bill. And at least this is something.
Thanks for understanding. Please rate my answer ok or better.
and since the amount we now owe the IRS doubled in the last 5 years could we ask for that back or take that off our taxes?
Sir, thank you for your time and answers, I will speak with my husband and move forward in pursuing it.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).