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IRS Asks People's Choice To Nail Down Tax Issues

By Brendan Pierson (March 28, 2008, 12:00 AM EDT) -- The U.S. Internal Revenue Service objected to People's Choice Home Loan Inc.'s Chapter 11 liquidation plan on Friday, saying the bankrupt mortgage lender needed to be clearer about when the plan would become effective and when it would pay its taxes....

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