I have a paid $10,000 federal tax lien on my credit. The IRS placed the lien on there last year and just a few months ago, I was finally able to pay them off. On my credit it shows as released.
I have heard at ocassions that sometimes you can dispute an entry on your credit report and if the reporting agency does not respond within 30 day, the entry is removed from your credit file.
My question to you guys is, what would happen if I were to dispute the tax lien? Considering the IRS is paid, would they even bother to respond? How does this work?
2007-09-25
03:35:00
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9 answers
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asked by
thecharmedfive
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in
Business & Finance
➔ Credit
I realize that I have nothing to dispute but why can't I manipulate the system like everyone else?
I have paid them, I just want to try to get rid of the entry from my credit file.
2007-09-25
03:51:20 ·
update #1
I am not sure about the details, but I wouldn't try it myself.
2007-09-25 03:42:14
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answer #1
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answered by Anonymous
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In order to dispute it, you would have to notify BOTH all three credit reporting agencies AND the IRS by certified mail. At that point, it's likely the IRS would think you are crazy and show immediate proof that the lien did exist. I would wait at least five years before trying to pull this one.
Can you legally do this? Well, you can try, but you won't get anywhere. No one will put you in jail or anything for trying.
2007-09-25 10:42:00
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answer #2
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answered by Monica O 3
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If you dispute something by proving that you didn't owe it in the first place, it will come off your credit report. I'm not sure just what you'd say when filing a dispute on this situation to convince anyone that you didn't owe it....
2007-09-25 11:17:30
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answer #3
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answered by Judy 7
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Things like judgments and leins come from public records. You can dispute them, but if they are in the public records, it will stay on your credit report. The credit bureau wouldn't even check with the IRS. They just check the public record.
2007-09-25 12:13:20
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answer #4
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answered by bdancer222 7
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Dispute means the debt is false ,
Not yours or the amount was not true .
Anyone can dispute , but unless they demonstrate it was false info ( someone elses debt for example )
The info is there for 7 years .
It should show as paid however , instead of delinquent .
>
2007-09-25 11:18:17
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answer #5
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answered by kate 7
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You have nothing to dispute. The lien was filed and released when satisfied. If it was improper it would have been "withdrawn." This is a subtle but significant difference.
2007-09-25 10:39:26
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answer #6
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answered by Anonymous
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Well first of all the only information that can be removed is information that is not correct, so what are you going to base your dispute on?
2007-09-25 10:42:33
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answer #7
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answered by ? 7
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Oh they'll respond. They'll make sure they respond and keep it on your file.
Also, if you file a dispute and say the charge isn't legit, you could end up being charged with fraud.
2007-09-25 11:08:12
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answer #8
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answered by Anonymous
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Do you really think that your credit card company wants to mess with the IRS. It's not illegal, it's stupid.
2007-09-25 11:02:18
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answer #9
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answered by Steveo 5
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