Home     Law Advice     Insurance Advice     Community    
Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
Go Back   FreeAdvice Legal Forum > BANKRUPTCY AND CONSUMER CREDIT > Consumer Bankruptcy

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 10-29-2001, 02:22 AM
LewB
Guest
 
Posts: n/a

Bankruptcy & IRS liens


I am in a Ch 13 BK. It will be completed in a few months.
I have been making all payments to the BK court trustee in
full and on time. Prior to my filing, the IRS placed liens on my
house/property. As I understand it, upon the completion
of my BK my debts and/or obligations under the BK should
be satisfied in full and the liens should be lifted.
Question #1.... is that correct?
Question #2.... if so, is the lifting of the liens automatic or
will I have to do something to get it done?
Question #3.... how much of a problem is the IRS going to
give me in this and how long should it take to get property
free and clear again?
Thanks to any and all who respond to this.
LewB
  #2  
Old 10-29-2001, 02:51 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781
It is only true if the liens are going to be or will be paid off.
If the liens will be paid off contact the IRS to remove from title.
IRS has been historically fast in lien and levy action and slow in levy lifting and lien removal.
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 01:22 PM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.