What is a Tax Lien? A tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. The IRS/ State/ County files a public document, the Notice of […]
What is a Judgement? A judgement is the legal decision of a court at the end of a lawsuit. It can be placed on consumer’s credit report by a creditor or collection agency through a court. A judgment is usually filed when a creditor or collection agency were not successful in collecting the debt and
How long does a bankruptcy appear for on my credit file?Negative information like a bankruptcy can appear on credit file for up to 10 years from the date you filed for bankruptcy. Chapter 7 BankruptcyMost people have heard about Chapter 7. This type of Bankruptcy allows you to eliminate most of your consumer debts. For
