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| *The Commerce Journal>>>United States Taxes |
Will tax liens be removed from credit after bankruptcy? |
I am helping a family member get her life back on track. It looks like her best option may be bankruptcy. 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. A TAX LIEN WILL NOT BE REMOVED UNLESS YOU PAY IT OFF 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. 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. |
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