Tax Lien in Shelton, Connecticut

Find the right Tax Lien attorney in Shelton, CT

Tax Lien Lawyers in Shelton

In Shelton, Connecticut, 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 proceeds 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.

In Shelton, Connecticut, a "tax lien" is simply a lien imposed by the government to gather back taxes from a person or corporation, when other methods for collecting have failed.

Tax liens in Shelton, Connecticut are ineffective if the taxpayer doesn't have any property to place the lien on. However, virtually any property, including that which the taxpayer obtains after the lien goes into effect, can be affected by a tax lien.

Tax Lien Procedure in Shelton, Connecticut

In Shelton, Connecticut, the procedure for imposing a tax lien is relatively simple. First, the IRS makes a determination that a person is delinquent in their tax obligation.

At this point, the taxpayer will receive a letter containing a "notice and demand," which, as the name suggests, gives notice that the recipient owes taxes, and demands immediate payment. It will typically give the taxpayer about 10 days to pay the demanded amount.

If that time period expires, and the debtor still hasn't paid, the Connecticut tax lien will go into effect automatically, with no further action required.

But, these rights are limited. In Shelton, Connecticut, and everywhere else in the United States, the IRS has 10 years to enforce a tax lien. If they do nothing about it within 10 years, the lien expires. This rule exists for a few reasons. First, it encourages the IRS to act as quickly and efficiently as possible, and not "sit on its rights." Second, it acknowledges the fact that any encumbrance on a piece of property, such as a lien, makes the property less valuable. By ensuring that the lien will either be satisfied or expire within 10 years, this prevents property from being withheld from the stream of commerce indefinitely.

How Can a Shelton, Connecticut Tax Lien Lawyer Help?

If you are notified by the government that you owe back taxes in Connecticut, and that they are going to pursue a tax lien to collect their money, things can get very intricate, quite quickly.

Accordingly, it's important that you contact a tax attorney in Shelton, Connecticut to ensure that whatever legal rights you have in this situation are protected. Your attorney will also be able to advise you on how to best deal with the situation.

Talk to a Tax Law Attorney now!

Life in Shelton

Beautiful Shelton, Connecticut is home to close to 39,000 residents and located in Fairfield County. Shelton was first settled in 1639 and has been growing ever since. Shelton encompasses 39 square miles and is one of the few cities in connecticut with its own sheriff department.

Tragedy struck the city in 1975 when it was the victim of the largest arson fire in American history. The city has recovered from the fire, but the city once known for being a major rubber manufacturer never had the industry revived to the same level. The city is currently undergoing a major downtown revitalization -- an effort that will unite the community.

In addition to two golf courses, Shelton also has many outdoor activities for its residents to enjoy. Shelton also has a great legal community with lawyers trained to serve their local clients in issues ranging from divorce to drafting a deed. Shelton lawyers are an important part of the growing community and trained at some of the top law schools in the country. Whether living, working, or just visiting Shelton, a good lawyer is never far away.

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