Can I Wipe Out Tax Debt In Personal: Difference between revisions

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Revision as of 22:12, 4 October 2024

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Clients always be aware that different rules apply as soon as the IRS has already placed a tax lien against themselves. A bankruptcy may relieve you of personal liability on the tax debt, but in many circumstances will not discharge an effectively filed tax lien. After bankruptcy, the government cannot chase you personally for the debt, nevertheless the lien stays on any assets that means you will stop able to trade these assets without satisfying the outstanding lien. - this includes your home-based. Depending upon the lien obviously filed, end up being be possibilities to attack the validity of the lien.

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