What happens when a lien is placed on you?
A lien secures the governments interest in your property when you dont pay your tax debt. A levy actually takes the property to pay the tax debt. If you dont pay or make arrangements to settle your tax debt, the IRS can levy, seize and sell any type of real or personal property that you own or have an interest in.
How long is a lien good for in Alaska?
Mechanics liens in Alaska are effective for 6 months from the filing date. Unless you extend the lien within that 6 months, you must enforce your claim (if necessary) within that time frame. If you get paid before then, its a good practice to release the lien claim.
Is Alaska a tax lien state?
Tax deed states are Alaska, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Kansas, Maine, Michigan, Missouri, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia,
What is the most common type of lien on property?
This means that liens such as a judgment lien, tax lien, mortgage lien, or mechanics lien cannot be placed on real property, personal property, or other valuables securing indebtedness unless these liens are equally and ratably secured.
