How to Remove Georgia State Tax Lien From Your Credit Report
Removing a state tax lien from your credit report can be an extremely difficult task. A tax lien is one of the most serious actions the state can take against a taxpayer for failing to pay their taxes. Avoiding a tax lien all together is your absolute best strategy, but if you find yourself on the receiving end of a state tax lien, here is what you need to know about removing it.
Removal of A Tax Lien
The Georgia Department of Revenue (GDOR) can remove a tax lien for one of the following reasons:
- Cancellation of Liens: The GDOR can cancel a tax lien when the tax liability in question has been resolved.
- Withdrawal of Liens: If you believe that the lien you have been issued was issued in error, you can request that the GDOR withdraw the lien.
- Release of Expired Liens: Expired liens do not attach to any property interest of the taxpayer whose name appears on the lien.
A Tax Lien on Your Credit Report
If you have received a tax lien from the GDOR or the Internal Revenue Service (IRS), there is no real way to prevent it from reaching the credit bureaus. Having a tax lien on your credit report can cause you serious trouble when it comes to your ability to get a loan or apply for a credit card. It’s always best to avoid reaching this point if at all possible, even if you need to apply for an installment agreement, an Offer in Compromise, or take out a personal loan to pay your tax debt.
How to Remove a Tax Lien
In order to remove a tax lien from your credit report, you will need to communicate directly with each credit bureau and make this request. The GDOR does not have control over how long a lien stays on a particular credit report. Tax liens are public information and a state lien can stay on your record indefinitely (while a federal lien typically stays on your credit report for 7-10 years).
You can request a copy of your credit report at any time to find out if there is a lien that may be negatively impacting your credit score. The best way to remove it once it has hit is to establish a repayment plan and pay it off as soon as possible. Keep a written record of all documents and once the tax debt has been resolved, you will receive a “paid in full” letter which you can provide to your creditors. Also, if you are successful at having your lien withdrawn, you should immediately share this information as well.
Resolve Your Tax Debt Now!
A tax lien is a serious issue with serious consequences. If you want help minimizing the damage of a state or federal tax lien, consider partnering with Success Tax Relief. Our team can provide you with advice and guidance regarding your current tax situation and help you develop a plan to finally resolve your tax debt, once and for all. Contact us online or call us today at 877-825-1179 for a free consultation.