Filing for bankruptcy or requesting a stay on an IRS tax levy can help you avoid an unwanted situation. A bankruptcy filing has an automatic stay, which means the IRS will not pursue further collection efforts. If you have recently filed for bankruptcy, you can immediately thwart any attempts by the Internal Revenue Service to seize your assets. Chance McGhee, a tax levy lawyer, has experience helping clients facing pressure from the IRS. He will help you level the playing field with the IRS, allowing you to retain your assets while getting a fresh start.
The IRS uses a process called a tax lien, which attaches to the taxpayer’s property. This essentially notifies other creditors of the debt and prevents the person from selling off the property. A tax levy, on the other hand, involves the seizure of the taxpayer’s money. A levy can attach to real estate, motor vehicles, and even retirement accounts. A Baltimore, MD tax levy attorney can help you deal with the IRS to reach a satisfactory resolution.
Regardless of the type of tax levy you face, an attorney will help you defend your rights. An attorney can work to protect your property and make sure the employer pays the debt. It is the employer’s responsibility to inform the employee of a levy and begin collecting the debt. Your attorney can help you negotiate a payment plan with the employer to make the debt more manageable and less stressful for you and your family.
Using a tax levy lawyer is important. You need to know your rights and be sure you do not lose your home, vehicle, or other assets because of a tax debt. It is best to hire a tax levy lawyer who understands the IRS processes and can protect you. With his extensive knowledge of the process, you can be sure that the IRS will not try to take your money from you. However, hiring an attorney with extensive experience is highly recommended if you are facing financial hardship.
A tax levy lawyer is an essential part of your legal defense. When a tax levy is issued, your employer is required to pay the amount. If your employer doesn’t, they will start collecting the debt, which is not the best option for your family. A good lawyer will work out a payment plan and get the employer’s consent. But remember, if your paycheck is at stake, hiring a Tax Levy Lawyer can help protect your property.
If you are facing a tax levy, you must act quickly. If you fail to act within the timeframe required by the law, the IRS may seize your property as payment in full. If you do not act, the IRS can take your home. A tax levy lawyer can protect your property by appealing the levy in court or at the collection due process hearing. The legal process is complex, and you need an experienced attorney to protect your assets.