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Revision as of 19:02, 22 September 2024

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Clients always be aware that different rules apply once the IRS has now placed a tax lien against him. A bankruptcy may relieve you of personal liability on a tax debt, but particular circumstances will not discharge a nicely filed tax lien. After bankruptcy, the internal revenue service cannot chase you personally for the debt, however the lien stays on any assets in which means you will stop able to offer these assets without satisfying the outstanding lien. - this includes your housing. Depending upon the lien also using the filed, there may be could to attack the validity of the lien.

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