creditech

Blockchain would solve the problem. Instead of having one set up books create a single point of vulnerability (centralized system that EQ is now), they could have multiple sets of books that get updated with consensus (decentralized ledgers).

Thanks. I'm aware of Installment Plans, Offer in Compromise, BK, and other options. Creditech, First and foremost is this an NYC tax lien or a Federal Tax Lien. If it is state I can't give you any info but if it is federal I can explain a couple things to you It's a FEDERAL LIEN issued by the IRS If this is a Federal Tax lien, than in most cases it is what is called a Self-Expiring lien. The way Fed Tax liens work is that once they determine you are not going to pay the tax for what ever reason, they go to a court and get a judgement which results in a lien on your property including bank accounts and paychecks. In NYC the ACRIS system is a central repository for all types of court financial documents, many states have similar systems, the actual official document is the court it was filed in. In the case of federal liens (and generally for state liens) you can never get the document out of the system. It just sits there until the computer system dies and hopefully (for you) wipes out the data. The news is not all bad if this is a Federal Tax Lien. That type of lien is generally what is called a Self-expiring lien, which means that after 10 years, if the Fed Gov does NOT refile by a certain date the lien expires and is no longer valid or enforceable. But it still sits in the records unless you get a judge to seal it, and frankly they won't usually do that on a tax lien. Interesting. I was thinking of contacting ACRIS to dispute it, since it was filed in error. The court, and in this case systems like ACRIS, do not do a darn thing about the expired liens, it is just a document in their repository. They don't contact CRA's, make any decisions about them, nothing. If you get a court to clear the lien, unless you get a seal order, the record stays there but another record is added that says the original lien has been cleared. In the case of self-expiring liens, nothing happens and the Fed gov will do nothing to help you "remove" the document from the repository. What they will do is send you and the CRA a letter saying the lien has expired, which should force removal from your credit report. Thanks for outlining the process. Greatly appreciated. The way liens get to CRA's is that companies like LexisNexis gather data from courthouses around the country, sometimes electronically and sometimes in smaller courts by live people. That data is collected by LN and sold to the CRA's, all 1000+ of them can buy these reports. Theoretically LN should note that a lien is self-expiring, but they don't, neither does a CRA. They just report the file date. If you satisfy the lien, then the new document gets swept up in their next data sweep, or you get the Fed IRS to send that letter so your CR gets cleaned. This Fed IRS link, https://www.irs.gov/pub/irs-pdf/p1468.pdf, on like page 4 explains the Self-expiring Federa Liens and how they work. So after all that, what are you actually trying to do? is this on your CR's? are you trying to dispute it on the CR;s and hope to get it removed from the court systems? the answer to those questions determines your next steps. I would prefer to get the record removed from ACRIS if possible. The CRA's I'm not worried about. For example you say this is on a property you sold in 2010 but the government (state? Federal?) liened it in 2014. So based on that at this moment, if the lien is only on a house you are fat dumb and happy and as it sits cannot really do anything to you. If the lien is against the house, any real property, and bank accounts, you have potentially big problem. It's a FORM 668 (Y)[c]. I just don't think it was VALIDLY filed. If the government finds out / realizes that you don't own the property they will refile that lien, and in this case the old lien will get another report that says something like filed in error, void and another new filing will appear with the corrected info as well as a court decision that the SOL on the first lien was tolled and is starting again, probably with 9 years and 364 days left on until it has to be refiled or dropped. Again this is Federal. Some more good news, kinda, is that you can go to the courthouse or go online and look what has actually been filed, and if it is state I cant tell you what you will see, but if it is fed and you don't see any other lien filings on your SSN or property (search both if the system lets you) you should be good. Neither the Court nor ACRIS will tell the Fed IRS that you peeked at the lien, so they won't know diddly squat. If it is federal, it will likely self-expire in 2020 or 2024, it depends on what is actually on the court registered document. The Fed IRS guidance is to use the deliquency date not the actual filing date, but that gets screwed up a lot and getting it fixed just won't happen. either way, if it is not showing on your CRA reports, you have breathing room to make choices. The smartest choice is as steelers1 says and get on a payment plan, that will stop the lien and a new filing will occur in the courthouse and a letter sent to the CRA's if you request it. If it is on your reports, then steelers1 is still right, get on a payment plan otherwise this will haunt you until either 2020 or 2024 assuming it is federal. No matter what you do, please do yourself a favor and find out what court it was filed in and search the original courts records and print yourself a copy of the lien filings. Look for the date explain in the IRS publication at the link i provided and you will know instantly what your options and path are. you should know that since the downsizing of the IRS thanks to the R's in congress trying to shut down government, one fo the outcomes is that low-level liens and other tax issues are basically uninvestigated these days. The processes have been automated as much as possible like the self-releasing liens. you can literally call the IRS help line and negotiate a tax settlement yourself these days (though I would suggest using a tax lawyer) if you have the stomach for it. Good luck and let us know more about what you are trying to actually accomplish and why. Mike I appreciate the time you took to reply. See specific responses in blue above. Creditech, First and foremost is this an NYC tax lien or a Federal Tax Lien. If it is state I can't give you any info but if it is federal I can explain a couple things to you If this is a Federal Tax lien, than in most cases it is what is called a Self-Expiring lien. The way Fed Tax liens work is that once they determine you are not going to pay the tax for what ever reason, they go to a court and get a judgement which results in a lien on your property including bank accounts and paychecks. In NYC the ACRIS system is a central repository for all types of court financial documents, many states have similar systems, the actual official document is the court it was filed in. In the case of federal liens (and generally for state liens) you can never get the document out of the system. It just sits there until the computer system dies and hopefully (for you) wipes out the data. The news is not all bad if this is a Federal Tax Lien. That type of lien is generally what is called a Self-expiring lien, which means that after 10 years, if the Fed Gov does NOT refile by a certain date the lien expires and is no longer valid or enforceable. But it still sits in the records unless you get a judge to seal it, and frankly they won't usually do that on a tax lien. The court, and in this case systems like ACRIS, do not do a darn thing about the expired liens, it is just a document in their repository. They don't contact CRA's, make any decisions about them, nothing. If you get a court to clear the lien, unless you get a seal order, the record stays there but another record is added that says the original lien has been cleared. In the case of self-expiring liens, nothing happens and the Fed gov will do nothing to help you "remove" the document from the repository. What they will do is send you and the CRA a letter saying the lien has expired, which should force removal from your credit report. The way liens get to CRA's is that companies like LexisNexis gather data from courthouses around the country, sometimes electronically and sometimes in smaller courts by live people. That data is collected by LN and sold to the CRA's, all 1000+ of them can buy these reports. Theoretically LN should note that a lien is self-expiring, but they don't, neither does a CRA. They just report the file date. If you satisfy the lien, then the new document gets swept up in their next data sweep, or you get the Fed IRS to send that letter so your CR gets cleaned. This Fed IRS link, https://www.irs.gov/pub/irs-pdf/p1468.pdf, on like page 4 explains the Self-expiring Federa Liens and how they work. So after all that, what are you actually trying to do? is this on your CR's? are you trying to dispute it on the CR;s and hope to get it removed from the court systems? the answer to those questions determines your next steps. For example you say this is on a propety you sold in 2010 but the government (state? Federal?) liened it in 2014. So based on that at this moment, if the lien is only on a house you are fat dumb and happy and as it sits cannot really do anything to you. If the lien is against the house, any real property, and bank accounts, you have potentially big problem. If the government finds out / realizes that you don't own the property they will refile that lien, and in this case the old lien will get another report that says something like filed in error, void and another new filing will appear with the corrected info as well as a court decision that the SOL on the first lien was tolled and is starting again, probably with 9 years and 364 days left on until it has to be refiled or dropped. Again this is Federal. Some more good news, kinda, is that you can go to the courthouse or go online and look what has act,ually been filed, and if it is state I cant tell you what you will see, but if it is fed and you don't see any other lien filings on your SSN or property (search both if the system lets you) you should be good. Neither the Court nor ACRIS will tell the Fed IRS that you peeked at the lien, so they won't know diddly squat. If it is federal, it will likely self-expire in 2020 or 2024, it depends on what is actually on the court registered document. The Fed IRS guidance is to use the deliquency date not the actual filing date, but that gets screwed up a lot and getting it fixed just won't happen. either way, if it is not showing on your CRA reports, you have breathing room to make choices. The smartest choice is as steelers1 says and get on a payment plan, that will stop the lien and a new filing will occur in the courthouse and a letter sent to the CRA's if you request it. If it is on your reports, then steelers1 is still right, get on a payment plan otherwise this will haunt you until either 2020 or 2024 assuming it is federal. No matter what you do, please do yourself a favor and find out what court it was filed in and search the original courts records and print yourself a copy of the lien filings. Look for the date explain in the IRS publication at the link i provided and you will know instantly what your options and path are. you should know that since the downsizing of the IRS thanks to the R's in congress trying to shut down government, one fo the outcomes is that low-level liens and other tax issues are basically uninvestigated these days. The processes have been automated as much as possible like the self-releasing liens. you can literally call the IRS help line and negotiate a tax settlement yourself these days (though I would suggest using a tax lawyer) if you have the stomach for it. Good luck and let us know more about what you are trying to actually accomplish and why. Mike NOPE - he's stated it's IRS lien specific thread on removing tax liens from reports Anyone having luck removing Tax Liens from TU & EQ? https://creditboards.com/forums/index.php?showtopic=575359 Those are not supposed to be reported Dispute it as " not a consumer credit transaction, " and under the State AG settlement, these are supposed to be deleted. http://www.ohioattor...0-CRAs-AVC.aspx The CRAs shall prohibit Collection Furnishers from reporting debt that did not arise from any contract or agreement to pay (including, but not limited to, certain fines, tickets, and other assessments). read these threads regarding the AG multi state settlement with the CRA's https://creditboards...opic=572655&hl= https://creditboards...opic=544275&hl= the IRS also has a new rule from 2011 , Paid tax liens are to be removed from credit reports https://creditboards.com/forums/index.php?showtopic=464271 Under guidelines recently announced by the IRS, there will be new options for avoiding tax liens and for getting them removed once the debt is paid. Higher threshold: The IRS has raised the threshold for filing tax liens from $5000 to $10,000, and that figure will be reviewed again in a year. That means the IRS will not automatically file a lien if you owe less than $10,000. Removing liens: Once you’ve paid your tax debt in full, you can request that the lien be removed. This wipes the slate clean on that problem, and allows you to rebuild credit. (It remains to be seen how easy the process will be, but I’ll try to remain optimistic for the moment.) You may not even have to pay off the tax debt to have the lien removed. If you owe $25,000 or less and enroll in a Direct Debit Installment Agreement (so that your installment payments are taken out of your bank account each month), you can ask for the tax lien to be removed. The IRS make sure they successfully collect a few payments first, but once you're over that hurdle, you can request the lien removal. If you are already on an installment agreement, you can ask to convert to a Direct Debit Installment Agreement to take advantage of this initiative. Because form 668 (Y) [c] was filed 4 years after the property was sold, I have a feeling it was filed INVALIDLY. Let's see if my feelings serve me well in further research about removing an invalidly filed 668 (Y) [c]

Does anyone in here have experience with removing an IRS Tax Lien from their public records on NYC's a836-acris.nyc.gov site? https://a836-acris.nyc.gov/DS/DocumentSearch/PartyName This is for a property I owned from 2007-2010. I sold it in 2010. The IRS filed the tax lien in 2014. Also the lien is NOT for property taxes. The lien is for personal income tax, yet being shared on the acris site which usually deals with property taxes. Or what actions (steps) can I apply to dispute and possibly remove this record from the acris site? Thanks!

yes you can freeze Thank you

Can I request a freeze on Lexis Nexis for ID theft that happened 10 years ago?

Are we allowed to just "freeze" Lexis Nexis? I have tax lien that surfaced on my Public Records from an old property literally 10 years ago. Don't mean to derail your thread here....

breeze! Thanks for your answer. By the way, I remember you from way back in 2005, when I was really active here. Great job on keeping on.

Has anyone here had any unique experience dealing with the NATIONAL TENANT RATING BUREAU? Are they quick to verify with the Credit Reporting Agency's during a dispute? Landlords can report tenants. If a landlord takes a tenant to court, the tenant and not the landlord gets put on the National Tenant Rating Bureau. The information gets distributed with credit reports supposedly. Thanks!

A paid report gives them 30 days to respond to disputes. 45 days is only for annualcreditreport.com - the free FACT Act report. Thank you for your reply. I will pay for the report from Equifax.

Hey guys! So with help from this forum back in 2004-5, I cleaned up my credit from a dismal 500 Fico to over 700 across all three. Bought a condo. Got credit cards. Then life hit. And now, I'm back to square one again. So I phoned TU and Experian. Via the automated system, I claimed I was denied credit over the last 60 days to obtain my report. While on hold, the automated Equifax system actually checks to see if an inquiry was done within the last 60 days. Since I didn't have an Equifax inquiry done, it requested payment. Should I pay? Doesn't payment thereby change the 30 day window dispute resolution FCRA time to 45 days? Thanks!

Hey guys! It's been so long since I've been active here and have a question. I live in New York City. I have an Original Creditor that called me today for a payment. It was an auto dialer and after waiting a couple of minutes, I hung up. When I got home, there was a note on the front door to my apartment complex taped to the front door. It notified me to call Pentagon Federal Credit Union. I am so livid that they resorted to involving my neighbors with my finances. Now that I am caught up on the bill, I want to see if there is any additional legal protection I can take with regards to having Original Creditors contact my neighbors for payment. Thanks!

Yes, it helps, thank you. I live in Woodside, Queens (by the 7 train station on 61st street). As far as HOA, my goal upon closing and moving in will be to join the condo association board.

To do business with? Patelco? Pen Fed? NASA even? My homeowners insurance is being estimated to be about 110/mo for a condo in nyc. The cheaper I can get it, the better!

^ Its a condo, I'm 100% sure. Like all things in life, when we fully throw ourselves into something, regardless if it feels akward at first, things come together. The pieces are falling together now too...thanks for the input.

^ According to the front page on myfico.com, the APR for a 30 year fixed mortgage for 700-759 FICO's is 6.103%...it is based soley on that information that I deduced the Pen Fed rate wasn't that great...