Good news! In February the IRS announced new rules that limit the damage to your credit score if you get a lien filed against you for an IRS tax debt. It use to be that a tax lien would bring down your credit score as much as 200 points and it stayed on your record for 7 years. But now the feds will grant more taxpayers so-called lien withdrawals that remove the lien blemishes from their credit report as soon as they pay the bill or enroll in an approved payment plan. And, IRS can no longer file a lien unless your unpaid taxes total more than $10,000.
We Are Open! Miller & Miller Law is keeping our clients and staff safe from COVID-19. We are open for free phone and video consults during these difficult times.
Our 3 Step Process
Step 1:
Get Out Of Debt
Step 2:
Clean Up Your Credit
Step 3:
Build Your Score
- Home »
- Chapter 13 Bankruptcy » IRS and Tax Liens
IRS and Tax Liens
On behalf of Miller & Miller Law, LLC | Apr 26, 2011 | Chapter 13 Bankruptcy, Chapter 7, Life After Bankruptcy |
Categories
- Asset Forfeiture (14)
- Bankruptcy (37)
- Bankruptcy Exemptions (9)
- Bankruptcy Means Test (20)
- Business Bankruptcy (10)
- Chapter 128 (44)
- Chapter 13 Bankruptcy (174)
- Chapter 7 (192)
- Chapter 7 Bankruptcy (3)
- Commercial Bankruptcy (32)
- Credit Card Debt (55)
- Credit Repair (8)
- Debt Management (59)
- Debt Relief (24)
- Debt Settlement (44)
- Firm News (3)
- Life After Bankruptcy (64)
- Medical Debt (38)
- Money Advice & Saving Tips (1)
- Payday Loans (2)
- Personal Bankruptcy (11)
- Small Business Bankruptcy (9)
- Stop Collections (10)
- Stop Debt Collection (5)
- Student Loans (9)
- Uncategorized (239)