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Is there a way that I can stop a tax levy or a lien on my home through a bankruptcy filing?
This site does not provide legal advice and users of this site should not interpret any of the information presented here as legal advice. The information provided merely conveys general information related to commonly asked legal questions. We are not a law firm and the employees responding to questions are not acting as your legal attorney. You should ultimately consult with a Lawyer for your case.
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How to remove a tax lien involves working out a plan with the IRS. There is no way bankruptcy can stop a levy or a lien on a home that's been put there by the IRS. Only liens that are judicial in nature can be removed.
Removing IRS Liens
The IRS offers many payment plans and a settlement option in order to satisfy unpaid taxes. It's the best way for a debtor to keep a lien being attached to a home. It's true that a lien can only stay on the house for ten years, but it's also true that the IRS can renew and extend that lien--a risky proposition for someone who's trying to wind down the clock. Do not assume that the IRS can be ignored and they will go away. It's a simple fact that they will not. And not only will they not go away, they will do everything they can to obtain the monies owed.
Talking to a Lawyer
Ultimately, the best line of defense is to consult a lawyer. If debts are preventing the repayment of taxes, it may be that bankruptcy is the answer. However, only an experienced attorney can make that conclusion. It's best to have legal help for all aspects of debt negotiations to avoid getting into an even worse situation.
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