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HOW TO HAVE AN IRS LIEN SUBORDINATED IN HARTFORD, CT
Once the IRS has filed its lien to secure its interest, many taxpayers come to our office trying to sort out How to Have an IRS Lien Subordinated in Hartford, CT.
There are a number of options for dealing with the IRS Lien, including instances where taxpayers may be able to borrow money from a third party and want to know How to Have an IRS Lien Subordinated in Hartford, CT.
In instances where a third party lender may be willing to lend money to the taxpayer, and where the taxpayer can demonstrate that by allowing the third party lender to move ahead of the IRS in priority the IRS’ ability to collect the taxpayer’s debt is improved, then the IRS will agree to “subordinate “ its lien to that of the third party lender.
So how can IRS Collection be improved by allowing another lender to move ahead of them in the list of priority creditors?
There are a number of ways that IRS Collection is enhanced by subordinating their lien to another creditor, including:
· The lender will refinance the property allowing the taxpayer to obtain cash and pay down their IRS tax debt, and · The ... more
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