Is It Possible To Get A Tax Lien Removed Before Paying It In Full?
Being hit with a federal tax lien can destroy your finances. When the IRS files a lien against you, it shows on your credit report. In addition to tanking your score, many banks won't lend money to you because the federal government will always have first dibs on any property you have that may serve as collateral. In general, you are typically required to pay the tax bill in full to get the lien released.