The short answer is it depends. Although the purpose of the bankruptcy system is to give a debtor a discharge of the debts it is unable to pay and to give that debtor a fresh start – in many cases, that debtor is still liable for tax debt even after filing for bankruptcy.
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- Written by Angela Bryson

Understanding Federal Tax Liens & How They Affect You
Our latest episode of our podcast, Talkin’ Tax, went in depth of the difference between Liens and Levies.
A lien is a legal claim against a Taxpayer’s property to secure payment of the tax debt. Meanwhile, a levy is a legal seizure of a Taxpayer’s property to satisfy a tax debt. If you want to learn more about the difference, check out our Lien vs. Levy podcast episode at https://fb.watch/7vBm9_4-P0/