Lien Release
What Does It Take To Get A Lien Release?
The purpose of this page is for you to understand what a lien is & what steps can be taken to get an IRS lien release. A federal lien is one of the first steps IRS will take when monies are due to them, enough time has elapsed and your debt to the IRS has not been addressed. A Notice of Federal Tax Lien enables the IRS to become a secured creditor and gives them legal right to your assets. And whether you have assets or not, an IRS tax lien also greatly affects your credit rating, making it difficult to obtain a loan (such as a mortgage or car loan) from banks or other lenders, get a credit card or obtain credit in any fashion which makes lien release essential for you. And if you do receive a loan or credit, it probably will be at a much higher interest rate, costing you a lot more money overall. Also note that once a federal lien is filed, it becomes public record and now-a-days, bad credit ratings may even affect you ability to get the job you want as employers are looking at your credit ratings as well. If you owe a home and want to sell or refinance it and have a lien, you may have to pay off their claim on this asset to get the lien discharged. Also understand that once an IRS lien has been imposed upon you, only under special circumstances, will it be removed or the tax liability has been resolved and/or paid. See our IRS Tax Lien page to read the circumstances of which to receive an IRS lien release. If you have an IRS lien, there are basically three ways to resolve and get the lien release you seek.
1) Pay off the liability in full, of which then they will gladly remove the lien.
2) Get on a payment plan but note that the lien will not come off until the balance is paid in full.
3) See if you qualify for one of the IRS programs to reduce your liability, get that relief and then pay off the balance for the lien to be removed.
One of the biggest lien release mistakes made by most taxpayers is not knowing the difference between an IRS lien and an IRS levy. Liens do not take anything from you except points off of your credit ratings which may have a long term effect but some taxpayers don’t feel it immediately therefore they don’t do anything about it right away. Levies are a seizure of you assets like bank accounts, 401ks, SEPs and believe or not, Social Security benefits (as well as other assets) and wage garnishments of which the IRS will take a certain percentage of your take home pay which you will feel right away. This is usually the second step IRS will take once a lien has been imposed but still that tax liability hasn’t been addressed by you, the taxpayer. In our lien release experience, we find most people still do not address their tax debt until a levy forces them into action. It is our advice not to wait till this happens and to become proactive right away to address the lien before it becomes a levy. And do not be fooled into thinking that in time, you couldn’t have an IRS tax Lien and an IRS tax levy at the same time because in time you could have both if that tax debt is not taken care of in a timely manner.
What Can We Do for Lien Release?
Here at Premier Tax Resolutions, we can help you look at options at getting you back on track by addressing that lien and help you work towards a resolution that not only will get you a lien release but also stop any other IRS collection method that will be headed your way. Please know this, a lien is just the first step and other methods to collect what is owed to them are on your horizon if you leave this alone any longer. We have experienced ex-IRS agents on staff with the expertise and know how to help you get that lien release. Who better to help you against the IRS than former IRS agent/officers who know the guidelines and rules to get you the relief you need. Take a look and compare the hourly rate for a tax attorney to take your case and see why our flat fee guarantee (with payment plans available) makes more sense and a much more affordable option to attorney’s hourly rates to solve your IRS tax lien problem.
Contact Us For Lien Release!
We are an Accredited Member of the BBB with an ‘A’ rating. Your lien release case will be assigned to a Senior Tax Consultant who will stay with you from beginning to end in regards to your case, preventing you from being moved from department to department and person to person. You will be getting a tax team working diligently to remove the burden of this IRS tax lien out of your life quickly and will leave no stone unturned to resolve that lien release liability. Please check us out for yourself to know you are dealing with a firm that has integrity and that truly cares about getting you the help you need. To get started with the lien release and other tax debt problems, all you have to do is contact us in the way that is most convenient for you. We can be reached by phone, toll-free at 1-800-554-0146 to speak with our knowledgeable tax resolution consultants. If you can’t call right now, simply fill out the Contact Form on our website and let us know when will be the best time that we can reach you. Either way, you probably have been dealing with this, or ignoring it, for way too long. It’s time to get proactive about handling this matter. Let’s discuss options to get that lien release, once and for all!!
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