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Bank Levies
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The 7 Things
You Must Know Before Solving Your IRS Bank Levy-Learn How to Solve
Your Problem as Quickly and Painlessly as
Possible.
Levies can really do a lot of damage
and even ruin your life.
A levy is the IRS's way of getting your immediate
attention. What they are saying is, we have tried to communicate
with you but you have ignored us.
Levies are used to seize your wages and whatever
other assets you have. If you own it, they can take it. That
includes checking accounts, auto's, stocks, bonds, boats,
paychecks, and even Social Security checks!
Imagine waking up one morning and finding all your bank accounts
have been cleaned out. They will take every dime. If this amount
did not cover what is owed, they'll keep taking your money until
you cover your tax liability.
They know that levying your bank account will cause
checks to bounce, alerting many people that you have tax problems.
But they don't care! Their sole objective is to collect the taxes
owed. Period.
As bad as that is, a worse method is a wage levy (or garnishment).
That's when most of your pay check goes to the IRS, they don't
leave you enough to pay the bills, and most of your check goes to
the IRS each and every week until the debt is paid.
If that doesn't accomplish what they want, they'll pull out all the
stops.
They'll seize your assets, and sell them at
auction. That includes everything you own: home, cars, boats,
jewelry, motorcycles, insurance polices, retirement funds, anything
of value.
We are often able to get those levies released, BEFORE they take
your money.
Our goal is to get you even with the IRS, with what
you can afford, and let you start life
anew. |