Tax Lien Information Brigham City UT
Salt Lake City, UT
Education: BSc (Math)MBA
Years of Experience: 16
IARFC, MDRT, NAIFA
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SALT LAKE CITY, UT
MOUNT PLEASANT, UT
West Valley, UT
Salt Lake City, UT
Exit Strategy Specialists, LLC
Years of Experience: 26
IARFC, MDRT, FPA
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Business Coach, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans
Tax Lien Information
It is the rare person that doesn't run into money problems at some point. Getting behind on your taxes can result in a tax lien. This means you need tax lien help and information.
A tax lien is simply a recording against some type of property to secure a debt. Despite this bland explanation, it should be clear a tax lien is a very nasty thing. It effectively ties up the property mentioned, but also plays havoc with the rest of your finances. When a bank, credit card company or employer sees tax lien information when they look at your stuff, they are going to steer clear of you.
The fortunate thing about tax liens is you can see them coming. The IRS, in particularly, sends out numerous notices before filing the lien. This is the ideal time to get help, but you may not be in a position to do so. Such is life.
If you get to the stage where liens are actually filed, it is important to get tax lien help quickly. Why? Well, the tax agency in question can act to foreclose on the liens. This is the most important tax lien information you will read. They can force the liquidation of the property the lien is held against and pocket the funds. The property does not have to sell for the market value. If it is liquidated for a lower amount, you are out of luck.
Another problem with tax lien sales is they do not necessarily clear up your tax problem. Let's assume you owe $50,000 in back taxes with penalties and interest. If the tax lien property sells for $40,000...