Posts Tagged ‘Liens’
Will tax liens be removed from credit after bankruptcy?
December 28th, 2010 | 
Author: Question by CC: 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.
If there is an unsecured, unpaid federal tax lien on her credit, will it be removed when she declares bankrupcy, or is it on there forever (unless she pays it)? I do not know how the situation came about, but the liens were placed against a home that was sold 10 years ago.
Best answer:
Answer by j-man
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.
What do you think? Answer below!
Posted in Tax Liens | 
Tags: 10 Years, after, bankruptcy, credit, Credit After Bankruptcy, Family Member, Federal Tax Lien, Filing Bankruptcy, From, J Man, Liens, removed, Tax Credit, Tax Liens, Tax Refunds | 
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