I love this part of the IRS’s objection to releasing the lien on the Land Rover<\/a>:<\/p>\nThe Debtors\u2019 schedules, in large part, show that they have accumulated over the years numerous assets\u2014including multiple luxury-type items\u2014while not paying their taxes and mounting an enormous tax liability. Debtors have acknowledged their failure to pay years of tax liabilities and have repeatedly represented that the sole purpose of this bankruptcy case is to rectify their delinquency to the IRS. Selling an asset subject to IRS\u2019s lien and seeking to use sale proceeds to purchase a fourth car in lieu of paying down the tax liability seems inconsistent with that purpose. The request to purchase an unnecessary car further underlies concerns the IRS has expressed to the Debtors since the beginning of this case. Those concerns include other unnecessary and unreasonable expenses listed on the schedules, such as $450 a month to pay for Mr. McKinney\u2019s mother\u2019s mortgage, private school tuition, and an apartment for Ms. McKinney that is advertised as a luxury apartment and costs $2,355 in monthly rent.<\/em><\/p>\n![\"\"](\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/jennifer-flies-business-class-1024x649.png\")
Debtors may argue that the IRS should not be concerned because they will propose a plan to pay IRS\u2019s secured and priority claims in full. Assuming the Debtors are successful in completing their Chapter 13 plan, the IRS will have to wait years to receive full payment and the government should not be forced to subsidize Debtors\u2019 luxury-type lifestyle (including a car for every driving-age child) while it waits for payment, as it has done for the years leading up to the Debtors\u2019 bankruptcy. Instead, it is the Debtors who must adjust their spending and lifestyle in return for receiving protection under the Bankruptcy Code and IRS being stayed from its collection efforts.<\/em><\/p>\nYes, Jennifer McKinney has been living it up while stiffing creditors including banks, hospitals, her mother-in-law, the IRS, and the Wisconsin Department of Revenue. Her behavior is unlikely to change. Kudos to the IRS for not letting her get any sort of advantage in this proceeding. It’s time for karma to finally do its thing.<\/p>\n","protected":false},"excerpt":{"rendered":"
In this ongoing saga of one Jennifer McKinney, pyramid topper at the MLM Xyngular, and recipient of millions of dollars of commissions…. I have a minor update in her bankruptcy case. (May I remind you, this is the THIRD time […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[872,184],"tags":[2989,1927,2014],"class_list":["post-20970","post","type-post","status-publish","format-standard","hentry","category-government-fraud","category-pyramid-schemes-mlm","tag-bankruptcy","tag-jennifer-mckinney","tag-xyngular"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-5se","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/20970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=20970"}],"version-history":[{"count":3,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/20970\/revisions"}],"predecessor-version":[{"id":20974,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/20970\/revisions\/20974"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=20970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=20970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=20970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/jennifer-mckinney-deadbeat-235x300.png\")
In this ongoing saga of one Jennifer McKinney, pyramid topper at the MLM Xyngular, and recipient of millions of dollars of commissions…. I have a minor update in her bankruptcy case. (May I remind you, this is the THIRD time she’s filed for bankruptcy protection.)<\/p>\n