Willie Nelson has wrangled with the IRS along with countless other celebrities. We’ve all heard their horror stories and it’s not pretty. But celebrities are not the only ones who are in trouble for not paying their taxes and need bank levy relief. We just don’t hear about them.
One of the first steps the IRS and other creditors who have obtained a judgment against you will take is to levy or garnish your bank account. It typically is a big surprise and all of your money is frozen. The bank is obligated by law to honor the levy notice immediately. Any outstanding checks or bills you have is not their problem.
Unlike Willie, we don’t all have fans to help us keep assets and certainly can’t sing our way to replace our money.
So what can you do if the IRS or another creditor has garnished your bank accounts?
Obtaining bank levy relief will require immediate action in order to prevent losing the money in your bank account. Legal action will be required if a creditor has a judgment against you. Sometimes you might not even be aware of the judgment.
In order to obtain relief from the IRS, you will need to be skilled in negotiating with them. You will spend hours and hours providing documents and receipts and proof to them. More than likely, the money will be turned over to the IRS even if you do not owe them or the monies are “exempt’.
The good news is that there are options and steps you can take to obtain relief from a bank levy. Obtaining immediate help from an experienced tax attorney is critical. Sammahorn Law Firm, PC is an IRS law firm in Plano that can help.
The time has come to stop ignoring notices and find out what your options are. The problem will only continue to get worse. It will continue to follow you. Contact an experienced lawyer and get help now.