Owing money to creditors is one thing, but when you owe money to the government, it’s a genuinely serious situation. In cases where IRS tax debt cannot be discharged in bankruptcy, a good Chicago IRS relief attorney at the Bentz Holguin Law Firm can help you assess other options, including making a compromise offer to reduce the amount you owe. If you owe the IRS, call Bentz Holguin today, and get the sound legal advice you need for dealing with your tax debt.
When You Owe The IRS
When you don’t pay your back taxes, the IRS can file a Federal Tax Lien. The lien is a public record showing that you owe the IRS and giving them the right over other creditors to seize your property. If a lien is attached to your property, you cannot sell the property without a clear title. If you settle your debt with the IRS, the lien is released within 30 days after payment (or immediately if payment is in cash).
The IRS can issue a levy against your property, including your home, vehicle, and bank account. The levy gives the IRS the right to seize your property to cover your tax debt. If a levy has been issued against your property, get the legal help you need immediately; speak at once with an experienced Chicago IRS relief attorney at the Bentz Holguin Law Firm. A good Chicago IRS relief attorney can negotiate for you with the IRS and help you avoid losing everything. You may qualify for an Offer in Compromise, Installment Agreement, or Currently Not Collectible status. If the seizure of your property would cause severe hardship, we can request a Taxpayer Assistance Order to protect you.
Chicago Debt Relief Options & Advice
The Chicago IRS relief attorneys at the Bentz Holguin Law Firm handle your IRS negotiations personally; you aren’t shoved over to an assistant, and we never let you become just another case number. The Bentz Holguin Law Firm maintains the highest professional standards; provides quality legal services at a reasonable cost; and works with all parties involved to bring your situation with the IRS to its best possible resolution. For more information on obtaining or re-negotiating a payment plan and other IRS debt relief options, contact the Bentz Holguin Law Firm today and schedule a free consultation online or call 312-647-2116.