What can I do if it's recent and I have not even lived in that state in years?
2006-08-25 01:31:28 · 4 answers · asked by walkingdisastr 2 in Business & Finance ➔ Credit
What can I do if it's recent and I have not even lived in that state in years? I have never ever even owned property in ANY state. I only found out about it because I printed a free credit report.
2006-08-25 01:54:43 · update #1
I live in PA. The tax lien is for IN. I have never owned property or even WORKED in IN. But it is on my credit report. What can I do to find out what this is for and how to get it taken off?
2006-08-25 07:14:26 · update #2
A tax lien is something a state or county does to a piece of property you own that SHOULD have had taxes paid on it and
didn't.
Most states will sell the lien to someone for the tax money.
if you don't pay those taxes within a certain amount of time.
the person who did pay the taxes becomes the new owner.
2006-08-25 01:37:17 · answer #1 · answered by deltaxray7 4 · 0⤊ 0⤋
A tax lien is a hold that is placed on a piece of property you own (such as a house, car, etc.) probably because you neglected to pay the state authority the annual tax on said property.
Most tax authorities try to notify you of your deliquency prior to reporting it to a credit bureau. However, if the property owner fails to notify the tax authority of his/her new address in cases where he/she moves, the property owner is still held liable for any negative consequences of non-payment of tax.
All you can do is work with the appropriate state authority to pay the lien because tax liens can stay on your credit report UNTIL THEY ARE PAID!
This is in accordance with Section 605 of the Fair Credit Reporting Act. Even when you have paid the tax lien, it will STILL SHOW on your credit report SEVEN years from the date the item was first reported negatively to the credit bureau.
Please bear in mind that it will NOT be seven years from the date you paid, but once again, 7 years from the date it was reported to the credit bureau.
Good luck.
2006-08-25 06:02:44 · answer #2 · answered by DaMan 5 · 0⤊ 0⤋
By recent, what do you mean? They just caught up with you, or it is concerning something long after you moved out of the state?
In either case, contact them and get it paid or fixed. If you own property in that state, you stand a good chance of losing it if not.
Again, rather than ask here, contact whomever sent you the notice of lien.
2006-08-25 01:42:16 · answer #3 · answered by oklatom 7 · 0⤊ 0⤋
contact state tax commission ask them.
2006-08-28 05:17:28 · answer #4 · answered by moonwalker 3 · 0⤊ 0⤋