News

Annual tax lien sales total about $15 billion in the U.S. and are on the rise because of the weak job market, depressed home values, and an increase in mortgage foreclosures, according to a report ...
There is a way to make tax liens disappear from your credit reports completely, and quickly, though. Unfortunately, not all taxpayers who are dealing with this problem know about it.
The tax lien is a notice informing creditors that the tax authorities are claiming your property. This can be a serious problem in itself, however. That’s because the tax lien is a public notice.
Certain tax relief strategies can help small business owners resolve IRS debt without having to close, experts say.
Even though a tax lien does not hurt your credit score, there are plenty of other downsides to having a tax lien in place — and a tax lien can create problems in your financial life even if it ...
Tax liens are not new to the real estate market, but NCLC believes it’s time for states to update their tax lien laws to ensure investors do not enjoy windfall-type profits on these transactions.
Part of the problem, we believe, is that some tax service providers have become overly reliant on ... Conventional wisdom suggests that borrowers with escrow accounts are protected against tax liens.
State tax lines are public records indicating a failure to pay state income taxes. These are seriously derogatory debts. If you have credit problems in addition to a state tax lien, you must ...
However, he said, high-scoring consumers are not immune to liens and judgments. “The default rate for consumers with credit scores of 700 or higher increases by 154% in our auto loan sample and 91% in ...
How we got the story. Over the last year, The Atlanta Journal-Constitution has published a series of stories about the sale of tax liens in Fulton County and the problems with the system.
Once a tax lien has been sold, state law guarantees the holder of that lien a 10 percent annual return on their investment – plus an additional two-percent per annum that goes to the county to ...
Even though a tax lien does not hurt your credit score, there are plenty of other downsides to having a tax lien in place — and a tax lien can create problems in your financial life even if it ...