Posted on 03/16/2011 4:09:39 PM PDT by topher
A Delaware woman says ACORN as recently as two weeks ago deducted money from her bank account, despite countless efforts to cancel her membership with the now-bankrupt community housing organization.
In 2009, Kerry Sheldon signed up for a membership with the Association of Community Organizations for Reform Now -- known more commonly as ACORN -- to get mortgage counseling when she started to worry about losing her home to foreclosure.
(Excerpt) Read more at foxnews.com ...
She lie with dogs and now is complaining of fleas.
HA HA HA HA HA!
Does ACORN do anything that isn’t shady? Ridiculous and Obama worked for them. Says a lot right there.
i dont do any auto deduction from my accnts- i dont trust anyone
ACORN did not disappear, it changed names and forms is all.
Can't she just tell the bank to block them?
I have heard of unscrupulous collection agencies deducting from a person's checking account. Eventually the person might get the money back, but it takes time. In the meantime, the person may have no money at all...
Has she not thought about closing the account?
She was told at that time by her credit union that the only way for her to cancel the payments is if she closed her bank account. She and her husband didn’t want to do that because they feared their bad credit rating would prevent them from opening another account. So the withdrawals of $10 a month continued for two years, totaling more than $200.
She claims she did not want to close the account. I don't understand why the Credit Union said she would have to close the account to block it? I would hope that FoxNews.com did adequate research on this article before making it a front page article.
This does not pass the smell test. I tell the credit union this is a fraudulent deduction, and they can’t stop it? I could understand not getting your money back easily once it’s been removed, but not being able to stop future deductions?
“Can’t she just tell the bank to block them?”
She’s proably too stupid to do that. She voted for hussein, didn’t she?
The last sentence of the article says a former employee told her that the automatic deductions would stop. How does a former employee of Acorn have the ability to make an automatic withdrawal stop? Hmmm?
So here’s my story. Just because I’m sitting here and got a moment. Yon reader may pass by but it’s a tale of dealing with big mammoths who do you dirty.
Last year I cashed in an IRA I’d had for several years. I was 59 1/2, husband and I were both retiring, we were combining 401k’s and all that jazz.
I went to Bankofamerica, mighty, mighty BankofAmerica. Well I have an account at that bank and have had one for almost 40 years. Well it had other names but you know what I mean.
So the woman does all the yada-yada with my IRA, just a $2,000 thing, we aren’t talking big money. By the time interest was added the thing was worth almost $2400.
I tell her just give me a check and I’ll deposit it into my checking. She does this/that...print...VOILA! she give me a check for....?? $2134...thereabouts. The documentation says they withheld $233 for taxes.
I ask the lady...why? She says...”Oh no problem. I’ll re-do the check, you sign a statement saying you don’t want taxes withheld...you get the full amount.”
So a couple of things were going on by this time.
First, I’d been there a couple of hours by this time. I had a lot to do, the transactions were agonizingly slow and I was wanting to get out of there. Further, what with all this money stuff going on with husband and I, well frankly I didn’t know what our tax liability might be in the upcoming year and there would be no paychecks for withholding our taxes.
I figured, what the hell, let the bank withhold this small amount of money. come next year they send me a 1099 and if I do owe a lot of taxes, well I’ll be that much into paying them. If I didn’t owe taxes, which I didn’t expect I would, so if I didn’t owe, well I fill out my tax return and attach the 1099-R which would be provided by BankofAmerica for the money withheld from my IRA check and which would be then be sent to the IRS on my behalf...and would get a tax refund. What could go wrong?
So comes January this year. Whole month...no 1099 from BOFA. February...no 1099. Now I’m mad. Call up. Get IRA dept, they check, I got all documentation, ask why no 1099? She says so sorry, I’ll have them send one straightaway. check address, asks if I received a 1099-INT in the amount of $77 from BOFA, which I did, though I had no idea what it was for. I guess some kind of reportage of interest income that was provided to the IRS. But yeah, I got it, so go with me here, THEY HAD MY ADDRESS RIGHT!
Yesterday, still no 1099-R. Now I’m thinking, damn, BOFA...THEY DON’T GET TO KEEP THE MONEY!!!
Get IRA dept again, had name of who I spoke to last month, said she said she was having new 1099-R sent to me. Guy says that the request filed by “ashley” was done wrong, he’ll order another one. I tell this fellow that I’d sure like to do my taxes...dear Lord. I also, duh, pointed out to him thatBankdofAmerica DOES NOT GET TO KEEP THE MONEY!
He says, oddly...”Mrs. Fish, you can still do your taxes without the 1099-R, we’ve sent the money in on your behalf. And you’re probably not going to get this money back, right?”
I tell “Sam” that I understand about mag tapes but first, why in the hell can’t I get a 1099-R and this makes me think my tax withholding was not sent to the IRS as generating the mag tape and printing W-2’, or 1099’s...is part of the same process. I told him I’m very suspect and did not want to put the money wittheld by BOFA on my tax form only to have the IRS come back and tell me that BOfA never sent in any money on my behalf, I’m under arrest for lying and trying to scam the gubmint.
Then I asked Sam why does he say I wouldn’t get the money back? Which was odd for him to say as I stipulated.
He kinda stammered. I can only assume he thought the $233 was a penalty as it was a full 10% of the amount of my IRA. Early cashing of IRA’s does bring a tax penalty but first, this was NOT the case and second, what the hell, does this mean that BOFA doesn’t HAVE to send me a 1099-R even if I’d violated the laws of America, not any rule of BankofDamnAmerica?
I mean, hey, maybe BOFA got some kind of scam going on where they cheat people or something, hoping they forget about it. If they didn’t send the money to the IRS on my behalf...WHERE THE HELL IS MY MONEY?
Anyway, thanks for listening. If I don’t get it next week, writing letter (and I CAN write, go with me here) to my two senators and Obama.
I figure I’m doing them a favor, catching BOFA in the act of robbing the IRS.
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