A tax lien is a potentially serious consequence of unresolved tax debt owed to the state or federal government. If the IRS or North Carolina Department of Revenue intends to file or has filed a tax lien against you and/or your property and real estate, it is important to talk to an attorney right away.
At Gillespie & Murphy, P.A., we are experienced in helping clients work with the IRS to create a compensation schedule that can either remove a tax lien that has been filed or prevent its initial filing.
Our New Bern, Wilmington, Greenville and Jacksonville, North Carolina, lawyers can help you protect your assets and property against tax liens. Contact us today to learn more about bankruptcy and restructuring your tax debt.
A tax lien is filed in the North Carolina county in which you live. It creates a public record that you owe taxes to the IRS or North Carolina Department of Revenue. The filing of a tax lien will be reported to credit agencies, causing your credit score to plummet. This is likely to make it all but impossible for you to finance a home or obtain a line of credit.
The IRS or the North Carolina Department of Revenue can also file a tax lien against your property, making it impossible for you to sell or use your property as collateral in obtaining financing.
Essentially, a tax lien has the potential of creating a financial trap from which it is very difficult to exit.
Our debt help attorneys are experienced in helping our clients alleviate a tax lien and other concerns related to tax debt. Contact Gillespie & Murphy, P.A., to schedule a free consultation.
We are a debt relief agency under the United States Code. We help people file for bankruptcy relief under the Bankruptcy Code.