Tax Lien in San Luis Obispo, California

Find the right Tax Lien attorney in San Luis Obispo, CA

Tax Lien Lawyers in San Luis Obispo

In San Luis Obispo, California, a "lien" is a security interest placed on a piece of property, typically land or a house, to secure the payment of a debt. It usually gives a creditor the right to take ownership of any equity that exists in the property, to secure the payment of the debt. If the owner sells the property, the creditor may also be entitled to the funds of the sale, up to the amount owed. It can also give the holder of the lien a higher priority status, giving them an advantage over competing creditors, if the debtor files bankruptcy.

A "tax lien," then, is a lien held by the government to collect a tax-related debt from a private entity, such as a citizen or corporation in San Luis Obispo, California.

Of course, a tax lien in San Luis Obispo, California isn't worth much more than the paper it's printed on if the debtor doesn't own any property of value, on which a lien could be placed. Nonetheless, a tax lien applies to property that the taxpayer obtains even after the lien is created. Apparently, this makes it quite a bit easier for the government to collect its taxes.

Tax Lien Procedure in San Luis Obispo, California

In San Luis Obispo, California, the process for creating a tax lien is fairly uncomplicated. First, the tax authorities decide that a taxpayer truly owes taxes that they haven't paid (that they're delinquent in their taxes).

At this point, they will send the taxpayer a written notice stating that they owe a particular amount of money in back taxes, and that they have a small window of time (frequently 10 days or less) to pay it.

If the back taxes are not paid before the deadline is up, the lien will typically take effect immediately, with no further action by the IRS or California tax agency, giving them all the rights in your property that the law permits.

Nonetheless, if the federal government does not seek to enforce a tax lien in San Luis Obispo, California within 10 years of imposing it, federal law dictates that the lien automatically expires. This is effectively a statute of limitations on a tax lien, meant to encourage the federal government to collect its taxes in a reasonable period of time, and guarantee that property is not encumbered by a lien forever.

How Can a San Luis Obispo, California Tax Lien Lawyer Help?

If you find yourself on the receiving end of a tax lien in California, you are going to have to wade through some substantial and complicated legal concerns.

Thus, it should go without saying that if you are facing the prospect of your home or vehicle being slapped with a tax lien, you need to pursue the advice of a reliable tax lawyer in San Luis Obispo, California as soon as you can.

Talk to a Tax Law Attorney now!

Life in San Luis Obispo

San Luis Obispo, California is a city in San Luis Obispo County. It is the county seat of, and largest city in, San Luis Obispo County. It has a population of about 42,000, as of a 2006 estimate by the U.S. Census Bureau. It is located on California's central coast, almost exactly midway between San Francisco and Los Angeles.

San Luis Obispo is home to the California Polytechnic University at San Luis Obispo, which iscommonly referred to as "Cal Poly" or "Cal Poly SLO." Many of its degree programs, particularly argiculture, engineering, and architecture, are consistently ranked among the best in the United States.

Thanks to the presence of a large, nationally-renowned university, San Luis Obispo definitely has a "college town" feel to it. And its proximity to the ocean, and the mountains further inland, provide a wealth of outdoor recreational activities. The Diablo Canyon nuclear power plant is located on the outskirts of San Luis Obispo provides most of the electric power for the area, and is also a major employer for professionals in a wide range of fields, particularly engineers. This power plant creates several thousand well-paying jobs, and is crucial to the local economy.

If you live in San Luis Obispo, California and need an attorney, you should be able to find one. There's almost certainly a San Luis Obispo, California lawyer who can help you with whatever legal issue you might have.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN