You need to make an appointment with a lawyer or two fairly quickly to review all the facts and details and get a plan going forward. The lien may certainly be a problem for you, but it depends on many other facts we don't have.Ask a similar question
The lien will cause a problem if, for example, you have equity exempt assets (such as a 401(k) or equity in your home) that survive your bankruptcy discharge. The IRS could pursue those assets after bankruptcy. You should contact an attorney that has experience in both the areas of tax and bankruptcy.
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The lien is a problem. The lien turns otherwise dischargeable tax debt into non-dischargeable secured debt.
You could certainly benefit from a tax discharge analysis so you can fully understand your options and plan your eventual bankruptcy. See the link below.Ask a similar question
It will depend on the assets you own. My biggest case to discharge tax debt came when my client had a tax lien and nothing but the clothes on his back. State and federal exemptions do not affect an IRS lien, so what may be good for some could be really bad for you. What have you got? Hope this perspective helps!Ask a similar question