You must be able to demonstrate that you cannot dispose of assets or borrow against them to pay your liability in full. The income statement in Section 14 of Form A-212 must demonstrate that your monthly income is insufficient to fully pay your liability through installment payments. Incomplete petitions or those which appear to understate the value of assets or overstate debts and expenses can cause delays. Any collection actions which have been commenced by the Department before your petition was filed, such as wage attachments, levies, or property seizures, will continue unless the Department believes it is in the Department's best interest to discontinue such action. No new collection actions will be commenced while your petition is being reviewed.
Interest continues to accrue on any unpaid balance until paid.
After reviewing Form A-212, the Department will send you a written response. Reject your offer but propose a counteroffer. Reject your offer and refer you to a Department collection agent to determine the best method to pay your liability. If the Department accepts a compromise offer, the amount must be paid in full within 10 days of your receipt of the Department's acceptance. In most cases, the Department will issue satisfactions of all outstanding delinquent tax warrants.