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tax lien Tag

Bankruptcy – Eliminating an IRS Tax Lien With Chapter 13

Chapter 13 bankruptcy can be a great tool for paying off an IRS tax lien without having to pay the entire amount owed on the lien.  However, you must understand that in dealing with the IRS in bankruptcy, there always seems to be exceptions.  If you want to know how the law applies to your specific situation, you must sit down with a qualified bankruptcy attorney.To give you a general idea of how eliminating an IRS tax lien in a Chapter 13 bankruptcy works, let's assume that you have a $50,000 tax lien filed against you.  Let's also assume that...

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