Tax Lien: What is it and how do I stop one?
A tax lien is a claim the government can make on your property if you don’t pay your taxes. The lien gives the government the right to take your property, sell it, and use the proceeds to pay your outstanding tax bill.
If you have a tax lien, it will show up on your credit report and can make it difficult to get a loan or buy a new home. You may also have trouble renting an apartment or getting a job.
There are a few ways to remove a tax lien from your credit report. You can pay off the underlying tax debt, negotiate with the IRS to have the lien withdrawn, or file for bankruptcy. If you want to keep your property, you’ll need to take action quickly and work with an experienced tax attorney to find the best solution for your situation.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you to find a fresh start FAST!
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