As the government shutdown enters its third week with no end in sight, fully understanding the impact that the shutdown is having is difficult because unless you have been directly affected, it might seem like nothing has changed. But that is decidedly not the case. For many industries, including the …
Read More »Coast Guard Tells Families to Hold Garage Sales to Help Make Ends Meet During Shutdown
The United States Coast Guard is learning the hard way the grain of truth in that old saying about a road to a certain not-nice place being paved with good intentions. About 42,000 service members in the Coast Guard remain on active duty — without pay — while 6,400 of …
Read More »Furloughed Employees May Turn to Tax Refunds, Payday Loans to Stay Afloat During Shutdown
While AccountsRecovery.net has written a fair bit about the government shutdown, including which agencies are closed and which are still open, and how furloughed employees can try and work with creditors and debt collectors to not fall too far behind, and even how the Internal Revenue Service will still be …
Read More »IRS To Mail Out Refunds Even if Shutdown Continues
In an announcement that will be very welcome news to the credit and collection industry, the Internal Revenue Service announced yesterday that income tax refunds will still be mailed out even if the government shutdown continues. There had been concerns that the tax agency would not mail out refund checks …
Read More »FCC Announces Shutdown, Following FTC
Another federal agency that regulates the ARM industry has announced it is shutting down because it has run out of money. The Federal Communications Commission announced on Monday that it will suspend most of its operations at mid-day Thursday because of a government shutdown that began Dec. 22. Already, the …
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