Comments on: Will tax liens be removed from credit after bankruptcy?

By: Lesley

Lesley — Wed, 30 Sep 2009 01:39:30 +0000

Were the tax liens not paid when the house was sold? If not they don’t just magically go away. Your family member should see a bankruptcy attorney about the possibility of getting those liens removed. SOME tax debt is dischargeable if it’s over three years old when they filed bankruptcy, but it depends and the best person to talk to about that is a bankruptcy attorney.

By: wartz

wartz — Tue, 29 Sep 2009 18:56:01 +0000

A federal tax lien is not normally placed on a particular piece of property but attaches to all the taxpayer’s property or rights to property.

If the lien is over 10 years old and was not extended and refiled, it is self-releasing and states so quite clearly. Credit reporting agencies don’t seem to pick up on this. You should get a copy of the notice of lien and determine if it is still valid before considering bankruptcy. You can also call IRS at 800-829-1040 and ask if the account is still on the books.

Also, IRS is required to send all taxpayers a balance due notice at least once a year stating what type of tax is owed and the current balance due. The notice does not contain any threatening wording, just the balance due and a polite request for payment. If your family member has not received such a notice in the past few years, that means the balance due is zero.

I am an enrolled agent, licensed by the US Treasury Department to represent taxpayers the same as CPAs and attorneys and specialize in taxpayers who have balance due problems. If you have any questions you would like to ask outside this forum, you can email me through my profile.

By: totolalo@sbcglobal.net

totolalo@sbcglobal.net — Mon, 28 Sep 2009 10:57:31 +0000

A TAX LIEN WILL NOT BE REMOVED UNLESS YOU PAY IT OFF
IT IS BEST THAT YOU PAY IT OFF AND AVOID ACCUMULATING PENALTIES AND FINES IT IS NOT GOING AWAY.EVEN AFTER YOU PAY IT OFF IT WILL STAY IN YOUR CREDIT REPORT FOR 11 YEARS.YOU MAY TRY “DEALING “WITH THE IRS TO TRY TO REDUCE THE AMOUNT OWED OR TRY LOOKING FOR A COMPANY THAT DEALS WITH THIS KIND OF SITUATIONS
THEY CAN DEAL WITH THE IRS BUT THEY CHARGE YOU A FEE FOR THEIR SERVICE….GOOD LUCK

By: j-man

j-man — Fri, 25 Sep 2009 21:32:36 +0000

Even after it is paid, it will stay on there. If bankrputcy is filed, the lien will stay on there. And by filing bankruptcy, that probably will not even relieve your family member of that tax lien as they can withhold future tax refunds.