I just had a tax lien filed against my husband and I and I’m worried that I will never see the money that we just settled on from the insurance company regarding a car accident? Can anyone tell me if I will get my money or not?
We were paying on our back taxes until I and my husband became unemployed.
I’m just worried that somehow they will get our insurance settlement (not much) before we even see it.
We need this money to pay bills or we will be homeless and no way of paying bills
Share This
I understand that on a tax lien you pay the tax and then you either receive the interest on it or in a few years the property. I dont understand how or where I can buy tax deeds or leins or how that works. Basically im hoping someone can walk me through how each works, I just became interested in this today. I live in Georgia, so any direct information for this state would be great!
Share This
My husband got this certificate. From his first marriage, he came with these tax debts. He just finished paying one of them (dont know how much).
The certificate says: "this office certifies that the taxpayer, under section 6325 of IRS has satisfied the taxes listed below and all statutory additions. Therefore, the lien provided by Code section 6321 for these taxes and additions has been released. The proper officer in the office where the notice of internal revenue tax lien was filed on -may 15, 2002-, is authorized to note the books to show the release of this lien for these taxes and additions."
Also, the certif shows below that the UNPAID balance of assessment is @ ,000, and the last day for refiling is @ 2012.
I am confused. what is it all about? does he have to pay this, and if yes, in how long? does this affect credit score?
Share This
I want to purchase a tax lien course set (7cd’s dvd’s etc) by Saen Higgins. He’s definitely a knowledgeable guy when it comes to investing.
Does it matter the year the course was created? For example, if it’s a 2002 will I be missing out on some key things?
Thanks
Share This
Would they do that even if it means putting me and my family out in the street after they already have a tax lien on my house? They will get their money sooner or later. Does someone know about this issue? thanks
Share This
A tax lien has been filed against our home for taxes my husband owes (we file seperatly). Once his 08 return is filed and a refund due will he receive that? Tax lien filed against our property last summer…??
Share This
I was bored and looked at the real estate section on ebay earlier. There were all these auctions that seemed to be for the tax lien on a property but not the actual property itself.
What is the point of buying that? What do you do once you own a tax lien- do people buy it hoping to get the owner to pay on the lien and make a profit, or is it that once you own the lien you can take the property from them if they don’t pay up?
Share This
Anyone familiar with the tax lien purchase process? I know the county holds a tax sale for delinquent properties but what happens after you buy a property? If the property has a mortgage lien, what happens to it after the tax sale?
Share This
I really need some financial advice so I’m calling out to all the Financial Wizards out there!!!
I am a divorced 47 year old woman, permanently disabled, and receive 83/mo from Social Security Disability Insurance (SSDI) as my only source of income (80 - .40 for Medicare) .
It’s a long story, but I had to cash out my pension for living expenses while waiting for SSDI and Long Term Disability Insurance to be approved. It was long-ago spent, thus I have no pension other than a lump sum of approximately ,000 from a medical disability settlement.
I own my home and my mortgage is about 0 and includes insurance and taxes. In 2009 my house is appraised, for tax purposes, at 3K, in 2008 it was 2K, and 2007 was 9K. I currently owe ~ 6K. I cannot currently re-fi it due to a tax lien (another long story).
So, since I’m operating under the assumption that I alone will be responsible for myself and my finances until I die, I am trying to figure out the best way to invest this money. I realize this is a terrible market right now and won’t earn a lot. I can’t have all the money tied up so I couldn’t access it within, say, 30 days, in case of an emergency.
Are any money and retirement savvy folks out there who can give me their opinions? I realize I must make the final decision but some "If it were me, I would ___" scenarios would be greatly appreciated.
Thanks,
Karen
Share This
Lets say the owner cannot pay the mortgage and house goes on foreclosure and there is a tax lien on the property. The property is worth less than what is owed, no equity. What happens to the tax lien?
You mean the person that purchases the home is the one paying for the pending lien?
Share This
