At Loan Lawyers, we pay close attention to all changes to the law in the area of consumer protection, not only the good. You may have read the blog entry we wrote for March of this year about how the changing political climate may affect the rulemaking authority of the…
Category: Debt Relief
The vast majority of Americans are in debt. Some of these individuals will never seek any kind of legal assistance regarding their debt issues, however. They have a misconception that unless they are being sued or their debt is above some threshold limit, that there is nothing an attorney can…
Taxpayers have options if they need to remove a federal tax lien. When in the best interest of both the government and the taxpayer, there are alternatives for addressing a federal tax lien. The attorneys at Loan Lawyers may help any taxpayer negotiate a settlement with the IRS of any…
When the IRS files a federal tax lien, it is asserting a legal claim against a taxpayer’s assets to collect an unpaid tax debt. The IRS sends Letter 3172, Notice of Federal Tax Lien and Right to a Hearing to the taxpayer to give public notice to all creditors that…
An offer-in-compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that resolves tax liabilities for less than the full amount of the tax debt. The IRS may accept an Offer in Compromise Settlement based on three grounds: Doubt as to Liability; Doubt as to Collectibility; and…
An offer-in-compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that resolves tax liabilities for less than the full amount of the tax debt. However, if the tax debt may be fully paid through an installment agreement or another payment arrangement, the taxpayer will typically not…
It is important that taxpayers negotiate with the IRS to pay any delinquent tax debt, preferably before the IRS places a lien on property or worse, seizes it pursuant to its statutory authority to levy property. The attorneys at Loan Lawyers may help any taxpayer negotiate a settlement with the…
A federal tax lien is a legal claim by the federal government against a taxpayer’s property when he or she neglects or fails to pay a tax debt. After the IRS assesses liability by listing a balance due in its records and sending the taxpayer a Notice and Demand for Payment, it…
Taxpayers subject to an IRS tax lien have options to pay their delinquent tax debt. The representation of an experienced debt resolution attorney may assist any taxpayer in dealing with the IRS to understand all of their options in resolving an outstanding tax debt, even if secured by a federal…
