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Did you have to give a Tax lien explanation letter? If so what did you say.
I usually recommend people stick with the truth
Any explanation letter regarding derogatory/delinquent credit should cover what happened, why it happened, and what steps you've taken to prevent it from happening again.
@Muchulalala wrote:Did you have to give a Tax lien explanation letter? If so what did you say.
Here is what I had on my lien LOE
Dear Sir or Madam:
This letter provides an explanation for the following issue:
Paid Tax Lien. Kendall County Court, Illinois. $1374
I have a listed tax lien from 2006 in the state of Illinois. I received this lien because of an
incorrect state filing the year before. I have corrected this by hiring an accountant to do
my taxes going forward.
-scott