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Tag: tax lein

What is a Tax Lien?

Nashua Resident Looks for Help

When an individual or business has failed to pay taxes that are owed, the federal or state government can place a lien on their property and other assets.  This lien can be removed if the parties are able to come to a payment agreement to settle the back taxes.  If no agreement is made and there is no repayment, the property can be seized with the option to sell it at auction to pay the back taxes.

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