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Latest revision as of 12:00, 15 October 2024

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Clients end up being aware that different rules apply as soon as the IRS has now placed a tax lien against him. A bankruptcy may relieve you of personal liability on a tax debt, but in some circumstances won't discharge a nicely filed tax lien. After bankruptcy, the irs cannot chase you personally for the debt, nevertheless the lien will stay on any assets as well as will not be able to sell these assets without satisfying the outstanding lien. - this includes your housing. Depending upon the lien any time filed, there may be other new to attack the validity of the lien.

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