An installment agreement is a plan or arrangement where a person or organization agrees to pay a debt in fixed amounts over a certain period of time, rather than making one large payment. Full definition
Alternatively, you can try to settle the debt for less than you owe through the offer in compromise program or through a partial payment installment agreement. (taxdebthelp.com)
A streamlined installment agreement offers a «streamlined» application process — you don't have to provide a lot of financial details. (taxdebthelp.com)
They must owe $ 25,000 or less in taxes and enter a direct debit installment agreement. (lendedu.com)