Facing a bank levy or tax lien from the IRS can be an overwhelming financial challenge. These aggressive collection actions can freeze your assets, limit your financial freedom, and cause significant stress. At Sterbick & Associates, we specialize in helping individuals and businesses in Seattle navigate complex tax issues and fight back against IRS enforcement. If you are struggling with bank levy and tax lien help Seattle, our experienced legal team is prepared to provide strategic solutions tailored to your situation.
A bank levy gives the IRS the authority to freeze and withdraw funds directly from your bank account to cover outstanding tax debts. Without timely intervention, this can leave you unable to pay for essential expenses like rent, utilities, or payroll if you own a business. A tax lien, on the other hand, is a public legal claim against your property that makes it difficult to sell assets, refinance, or secure loans. While different in execution, both actions signal serious financial trouble and should not be ignored.
When the IRS issues these actions, they do so with legal backing, making it critical to act fast. The IRS does not have to obtain a court order to impose a bank levy or tax lien. Instead, they follow a series of internal steps, starting with sending Notices of Intent to Levy or Lien, giving you a brief window to respond before enforcement begins. If you require bank levy and tax lien help Seattle, immediate action is necessary to prevent further financial damage.
A bank levy follows a structured process, but immediate action can prevent financial hardship:
The IRS sends a Notice of Intent to Levy, notifying you of their intent to seize funds from your account.
Your bank receives a levy notice and freezes your funds for 21 days, giving you time to contest the action.
If no resolution is reached, the IRS withdraws the funds, leaving you without access to the seized money.
Additional levies may be issued if the debt is not fully satisfied.
A federal tax levy can result in complete financial loss, and without legal support, it can escalate to wage garnishment or the seizure of assets. If you have received an IRS bank levy notice, it is essential to seek immediate relief before it affects your ability to meet daily expenses. Our firm provides bank levy and tax lien help Seattle to protect your financial stability.
A tax lien attaches to your assets, making financial activities more difficult:
The IRS files a public claim against your property, notifying creditors that you owe back taxes.
It applies to real estate, vehicles, personal property, and business assets.
You cannot sell, refinance, or leverage assets without resolving the lien.
It lowers your credit score, limiting access to financial assistance.
Federal tax liens are a significant barrier to securing future financing or conducting business transactions.
Ignoring a tax lien can lead to legal complications, and appealing it requires legal knowledge of federal law. Seeking bank levy and tax lien help Seattle can prevent long-term financial damage and provide legal solutions for tax relief.
Delaying action on a bank levy or tax lien can result in serious financial consequences. If left unresolved, the IRS can seize more of your assets, garnish wages, and restrict business operations. The longer a tax lien remains, the more damage it can do to your creditworthiness and ability to recover financially. Seeking bank levy and tax lien help Seattle at the earliest stage can prevent escalation and protect your financial interests.
Stopping a bank levy requires swift action and a well-planned legal approach. At Sterbick & Associates, we employ several strategies to prevent or remove levies, including:
Negotiating an Installment Agreement: Setting up a structured payment plan with the IRS to prevent further enforcement.
Filing for an Offer in Compromise: In some cases, we can negotiate a lower settlement amount, reducing your overall tax burden.
Proving Financial Hardship: Demonstrating that the levy creates significant hardship can sometimes result in its release.
Requesting a Levy Release: We work directly with the IRS to request the removal of the levy and establish alternative payment options.
Tax Debt Settlement: When possible, we negotiate federal tax relief solutions to minimize liabilities.
Each case is unique, and we assess your specific financial situation to determine the most effective strategy for bank levy and tax lien help Seattle.
Tax liens do not immediately take money from your accounts, but they severely impact your financial flexibility. Our team provides legal solutions to address tax liens effectively:
Lien Withdrawal: If the IRS has improperly filed a lien or if you qualify under specific criteria, we can request its removal.
Lien Subordination: This allows you to obtain loans or refinance despite an existing lien, offering financial flexibility.
Lien Discharge: If an asset is not necessary to satisfy the tax debt, we may request its exclusion from the lien.
Negotiating Settlements: Exploring options such as installment agreements or offers in compromise to reduce the impact of the lien.
Appealing IRS Actions: If you believe the tax lien is unjustified, we can help you appeal it through proper channels.
Our firm specializes in providing bank levy and tax lien help Seattle, offering strategic legal representation to minimize financial risks.
Navigating IRS collection efforts on your own can be overwhelming. Having a skilled legal team on your side ensures you understand your rights and the best course of action. Sterbick & Associates specializes in tax law and has extensive experience dealing with IRS disputes, providing clients with:
A detailed assessment of their tax situation
Negotiation strategies to minimize liabilities
Legal representation in dealings with the IRS
Proven solutions for tax debt resolution
Our expertise allows us to develop personalized legal strategies that fit your financial situation and help you achieve the best possible outcome. If you need bank levy and tax lien help Seattle, we can provide the necessary legal guidance to protect your assets.
Our firm, member of the Washington State Bar Association (WSBA) and the Washington State Trial Lawyers Association, handles every stage with diligence, ensuring you are equipped with a persuasive case.
While addressing current tax problems is essential, preventing future issues is equally important. We provide guidance on:
Maintaining compliance with IRS regulations to avoid future levies or liens.
Setting up structured payment plans to stay ahead of tax liabilities.
Ensuring accurate tax reporting to prevent unnecessary disputes.
Identifying potential deductions and credits to lower tax obligations.
Understanding the role of IRS tax forms in ensuring proper filing and payment compliance.
By implementing proactive tax planning, we help clients avoid financial stress and IRS enforcement in the future. Seeking bank levy and tax lien help Seattle can prevent future complications and financial setbacks.
If you are dealing with a bank levy, tax lien, wage garnishment, or other IRS collection efforts, taking immediate action is crucial. At Sterbick & Associates, we provide personalized legal strategies to protect your finances and restore stability.
Call us today at 253-265-4695 or send us a message to schedule a consultation. Let us help you regain financial control and resolve your tax issues efficiently with bank levy and tax lien help Seattle.
A bank levy can be stopped by negotiating an installment agreement, proving financial hardship, or securing a levy release. Our firm provides legal strategies to help remove levies and protect your funds.
A tax lien remains until the debt is paid or legally resolved. In some cases, it can be removed through IRS programs or negotiated settlements.
Yes, tax liens can be removed through withdrawal, subordination, or discharge. Our firm helps clients explore the best legal solutions to remove or mitigate tax liens.
