Phil Marti <prm20871[at]verizon.net> wrote:

- quote -

Or just challenge the information; they have to remove it,
and there's a good chance that the IRS won't bother
responding to their request since the liens were paid off.
Even if the IRS does respond, it should show that they were
paid.

Seth

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"Anne" <evilsofa2000[at]yahoo.com> wrote:

- quote -

It should happen automatically within 30 days of full
payment. Be sure to call and get a payoff amount so you
don't leave something hanging.

- quote -

I hate to break it to you, but even after they're paid the
liens are going to show on your credit history for some
years.

Also be aware that credit reporting agencies are not
efficient at updating their records for satisfactions.
About 60 days after you pay off the IRS, check your credit
reports to make sure that the liens are shown as satisfied.
If they're not, you'll probably need to get copies of the
releases from the recording offices and provide them to the
credit reporters.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

"Anne" wrote...

- quote -

Enclose a letter with your CERTIFIED/TREASURERS CHECK on the
next installment payment notice seeking to have copies of
the lien releases mailed to you as soon as possible,
(Certified Payment should help expedite the release)

When you receive the releases, keep them for future
reference, and provide copies to the credit bureaus listing
the lien filing, also give copies to your Mortgage/Banker.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

"Anne" <evilsofa2000[at]yahoo.com> wrote

- quote -

Removal of the liens are "automatic" but don't expect them
to happen right then and there. If you go to the IRS
Service Center in person, get them to issue something in
writing, right then, stating that the lien was satisfied.
Otherwise, it may take several months, a combination of the
IRS taking some time to send something to the county, and
the county taking some time to show the lien as being
satisfied.

When you pay it off, tell the IRS what you are planning to
do, and ask what they can do to help you out.

--
Paul A. Thomas, CPA
Athens, Georgia
taxman at negia.net

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

The IRS has two tax liens against me for back taxes, and
I've been on a payment plan with them for a while. I'm about
to receive a bonus at work and am going to use it to pay off
the liens. After I write the check to the IRS will they
automatically release the liens, or do I have to take some
further action to ensure that happens? I want to apply for a
mortgage soon, and clearly I can't qualify until the tax
liens are history.

Anne

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >