Shouldn't the IRS cancel its tax liens now that I'm in Currently Not Collectible status on the debts?

Asked 7 months ago - Des Moines, IA

I discovered 2 IRS tax liens listed on my credit report. After seeing this, I contacted the IRS and got these debts into Currently Not Collectible status. However, the liens still remain on my credit report. I know what CNC status entails, but I'm wondering if I can now ask the IRS to remove the lien.

Attorney answers (3)

  1. Thomas O. Moens

    Contributor Level 20

    3

    Lawyers agree

    1

    Best Answer
    chosen by asker

    Answered . If the liens were released, the IRS would lose priority to other lienholders, so I doubt they would be interested in releasing their liens. The currently not collectible status is temporary--you will still be expected to pay when you are in a better financial situation.

    By the very nature of Avvo, you have only provided limited facts and no documentation, therefore, our response to... more
  2. Ronald J Cappuccio

    Pro

    Contributor Level 16

    3

    Lawyers agree

    1

    Answered . Currently Not Collectible is a temporary status. That means the IRS will review this in 2 years. Therefore, it would not be in your best interest to ask for the lien to be removed. Frankly, you should discuss the specifics with a tax attorney.

    I hope this helps!

    Ron Cappuccio

    If you do not like this answer or disagree, please look at one of the other answers provided. It is not necessary... more
  3. Thomas J. Wagner

    Contributor Level 19

    1

    Lawyer agrees

    Answered . Even if the liens were removed from the county records, the debts would likely still appear on your credit report.

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

24,278 answers this week

3,202 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

24,278 answers this week

3,202 attorneys answering