Get Legal Help With Property Liens In The Carolinas

Tax liens can seriously impact your financial welfare. They can appear on your credit report and prevent you from selling, refinancing, and even transferring assets. If you find yourself facing lien issues in the Carolinas, options are available – and an experienced attorney can help you comprehensively explore all of them.

Are you unable to sell your home or property because of an IRS tax lien? Has your bank turned you down for a loan or credit line because of a lien? Has your line of credit been terminated without warning? These situations can certainly be frustrating, but it’s important to remember that they’re not hopeless.

You have options!

Tax liens function like a mortgage in favor of the Internal Revenue Service or state taxing authority. They are filed to protect the government’s interest in your property – and until it’s resolved, your hands are tied. You must deal with both the lien and the tax obligations before moving forward with selling, refinancing, or transferring property ownership.

Ecton Law Firm, PA Is Here To Help

At Ecton Law Firm, PA, we help clients understand their lien situations, identify their resolution options, and take effective legal action to mitigate the lien’s impact. Representing individuals across the Carolinas, our lien claim lawyers are prepared to meet you where you are so we can establish an effective plan of action as a team.

What Must Happen For A Tax Lien To Take Place?

The federal tax lien attaches to the taxpayer’s property as of the date of the assessment, and extends to all property and property rights subsequently acquired by the taxpayer. For a valid tax lien to occur, three specific requirements must be met:

1. A valid tax assessment must be made.
2. The taxpayer must be given notice and a demand for payment within 60 days of the assessment.
3. The taxpayer must fail to pay the amount assessed.

It is important to note that recording the lien is not required for it to be considered valid. Many taxpayers discover a lien only after it has been filed against them. This can become evident when applying for a loan, selling property, or checking credit reports.

How A Lien Assistance Lawyer Can Help Resolve Your Tax Issues

Once filed, a lien continues for the entire period that the IRS is legally allowed to collect the tax. In many instances, the lien will not be released until the underlying tax is paid. There are several strategies to deal with tax liens:

• Obtaining a lien release commitment in exchange for full payment of the tax obligation
• Requesting a certificate of subordination to another creditor
• Requesting a partial lien release
• Requesting withdrawal due to mistakes, etc.
• Paying down the liability to an agreeable amount and entering into an installment agreement

Each of these options requires careful written requests and communication with the IRS. They are often made along with other resolution proposals, like Installment Agreement Requests. Keep in mind that when you are attempting to sell property, it takes time before the IRS will address and rule on a lien release.

Ecton Law Firm, PA Provides Comprehensive Lien Assistance In North & South Carolina

If you have questions about how to remove a lien with an attorney’s help, you can count on Ecton Law Firm, PA.  Call our Irmo, SC office at (803) 771-9800 and our Charlotte, NC office at (980) 677-1099.

You can also fill out our online contact form, and a member of our team will promptly contact you to schedule a FREE initial consultation.