"roman705" <roman705[at]yahoo.com> writes:

- quote -

Even after you pay off the IRS the lien will stay on your
credit report for several years. It should show that it's
been satisfied, but credit bureaus are notorious for lagging
in their recording of satisfactions. Be sure to check your
reports a few months after you pay it off.

On that subject, if you can get a loan to pay it, that's the
route I'd suggest. You also need to figure out why you can't
pay your taxes when due and fix that problem.

- quote -

Since it appears you have the ability to pay, no.

Phil Marti
Topeka, KS

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"roman705" wrote...

- quote -

What see is testimony from people who submitted Offer In
Compromise's, I assume it was determined in each individuals
case that the amount offered was equal or greater than what
could be collected by installment agreement over the
remaining Statute of limitations, or reasonable extension
{five years} of the statute.

Every case has unique factors, get form 656, 656-A, and the
Instructions, as well as form 433-A, there is a work sheet
in the Instructions for the 656 which will help you
determine if an Offer is the best solution for you.

The lien will probably remain on your credit history for
some time (seven years) after the liability is settled and
Lien Release issued,

Request a copy of the release of lien once you have settled
up, and provide copies of the release to all the credit
agencies!

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i owe about 20k to IRS and have been recently issued a tax
lien. i figure i have two options:

1. go on a payment plan with IRS but still have the tax lien
on my credit

2. get a personal loan for 20k and payoff IRS to remove the
tax lien from my credit report.

do i have any other options? is there a way to lower my
amount owed? i see these ads with people saying " i owed the
IRS 25k and (whoever the ad is for) lowered the amount to
5k!" are these ads bullsh*t? someone please help. any info
will do. THANKS!!!!!

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