What can I say to dispute a CA Tax Lien from 1990? It's only reported on 1 CB (not all 3). Will it ever go away? I'd like to call them to see if they will accept the orig amt of $1200 instead of the $6000+ that they are asking for due to interest. The CR is only showing $1200 on TU. Ugh. It's the one big baddie that I have left and need to deal with. Any guidance is appreciated
Exactly! If you leave it un-paid it will stay on your for 10 years. If its paid (satisfied) it will drop in 7 years. The kicker here is even if you wait the 10 years and it drops they can re-new the lien 10 year intervals, and start the clock all over again! I would pay the state and be done with it! IMHO
Also, don't forget, that once it's paid you need a release from the state/courts/ftb. The clock does not start ticking until you get that release. For example if you paid that lien last year, but you didn't get the release until this year, you start counting your states SOL from this year.