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Tax Lien
       
 
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Tax Lien

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Tax Lien
A claim imposed by the federal government to Liquidate a person's property until the Tax and Debt owed is fully paid.
    
Tax liens can be purchased from the government in the form of an investment. A Tax lien is a lien imposed on property by law to secure payment of taxes. Tax liens may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes.
    
Lien is when a creditor or bank has the right to sell the mortgaged or Collateral property of those who fail to meet the obligations of a loan contract.
Posted by  Privatebanking.com
 
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