What is Wage Garnishment?
When the IRS or state has failed repeatedly to collect back taxes, they begin to seize assets. This process is called a “levy.” When they attach wages, it’s termed a “wage garnishment.” After providing either ten, thirty, or sixty-day notice through certified mail, they are legally allowed to seize bank accounts, demand payment from accounts receivable, take control of the property for auction, and assume title on vehicles. Virtually anything of value can be seized to satisfy the outstanding debt.
Levies and wage garnishments are the most crippling and humiliating of all collection tactics. They’re designed to force taxpayers into willful compliance. Thankfully, our staff has years of experience lifting levies and wage garnishments quickly and painlessly and is fluent in all aspects of the IRS Restructuring and reform act of 1998. Depending on the type and severity, it usually takes only 2-10 business days for us to successfully lift either. If a bank account has been levied, we are usually able to revert up to 90% of what was taken back into the account.
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