Judgement Lien For Taxes In Wake

State:
Multi-State
County:
Wake
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Lien for Taxes in Wake form is a crucial legal document that establishes a lien against the real property of individuals who have unpaid tax judgments. This form is particularly useful for attorneys, paralegals, and legal assistants involved in tax law, as it helps secure claims by ensuring that unpaid taxes convert into a lien on the debtor's property. The filing instructions are straightforward; users must complete the fields related to the judgment details and the property owner's information, ensuring accurate and current entries. Editing the form is flexible, allowing users to adapt the document to fit specific cases and include additional counties if necessary. The primary use case for this form includes instances where clients have incurred tax liabilities resulting in judgments, thereby aiding in the collection process. Legal professionals should be prepared to provide guidance on the implications of such liens, advising clients on payment options and potential resolutions. This form ultimately serves to protect the rights of creditors while providing a clear process for documenting tax-related claims in Wake County.

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FAQ

If the federal tax lien has not been released within 30 days of satisfying your tax liability, you can request a Certificate of Release of Federal Tax Lien. The request must be in writing and should be mailed to the Collection Advisory Group servicing your area.

North Carolina State law prohibits the sale of property tax liens.

Interested persons can search records of UCC liens filings maintained by the N.C. Secretary of State office through the NC SOS UCC search portal. On the portal, inquirers can search for UCC liens filings by file number, filing date, lapse date, and a subject's or organization name, amongst other search criteria.

Centralized Lien Operation — To resolve basic and routine lien issues: verify a lien, request lien payoff amount, or release a lien, call 800-913-6050 or e-fax 855-390-3530.

In many states, a judgment doesn't become a lien on the defendant's property until the plaintiff makes an additional filing and records the judgment in the county where the property is located.

The IRS generally has 10 years – from the date your tax was assessed – to collect the tax and any associated penalties and interest from you. This time period is called the Collection Statute Expiration Date (CSED). Your account can include multiple tax assessments, each with their own CSED.

North Carolina State law prohibits the selling of property tax liens. 2. Is there is a list of pending foreclosures for interested buyers? A list of properties scheduled for an upcoming sale is listed on this website.

Essentially, consensual liens don't adversely affect your credit as long as repayment terms are satisfied. Judgment and most statutory liens have a negative impact on your credit score and report, which affect your ability to obtain financing in the future.

After a default has been taken, a judgment can be taken by either submitting documentation with a declaration as to the truth of the documents, or by having a prove-up hearing, where testimony is taken and documents are submitted. So the answer is yes. They can't execute the judgment without finding you, though.

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Judgement Lien For Taxes In Wake