tax lien question

[Anonymous]

I know paid tax liens stay on your report for 10 years.  Is that from the date filed (in my case 9/97) or from date satisfied (3/04)?

[Anonymous]

tax liens generaly stay on 7 years from date PAID-

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peeler1967 wrote:

I know paid tax liens stay on your report for 10 years.  Is that from the date filed (in my case 9/97) or from date satisfied (3/04)?

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[Anonymous]

according to my tax lawyer  liens stay on file the earlier of 7 years from release date or 10 years from the file date.  So this should be coming off sometime this month.

[Anonymous]

From Experian-

unpaid tax liens which may remain up to 15 years. A paid tax lien may remain for up to seven years.

From FCRA-

§ 605. Requirements relating to information contained in consumer reports

[15 U.S.C. §1681c]

(3) Paid tax liens which, from date of payment, antedate the report by more than seven years.

http://www.ftc.gov/os/statutes/fcradoc.pdf

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kkeary1972 wrote:

according to my tax lawyer  liens stay on file the earlier of 7 years from release date or 10 years from the file date.  So this should be coming off sometime this month.

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[Anonymous]

what report is this on?  According to TU it remains on 10 years from payment date

[Anonymous]

The blurb from Experian is on the "full printed report"

FCRA- is federal law.

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kkeary1972 wrote:

what report is this on?  According to TU it remains on 10 years from payment date

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[Anonymous]

In accordance with Title 26 IRS Code, Section 6502(a)(1), IRS’ ability to collect any federal tax expires 10 years after it assesses the tax, unless it commences a lawsuit to collect the tax, obtains a favorable court judgment and periodically renews the judgment. The 10 year time period begins to run on the date IRS assesses the tax, not on the date it files a tax lien.

[Anonymous]

this is on my EQ report and according to www.investigate.equifax.com kkeary1972's tax lawyer was right it states the earlier of 7 years from the release date or 10 years from the file date.  Maybe each CRB is different?

[Anonymous]

Yes- it varies by CRA because their is no limitation set in FCRA for max time an unpaid tax lien can be reported- the CRA's could report this forever.

FCRA says "UP TO 7 Years" on a paid tax lein- they can choose how long to report it.

You can have a Tax lien withdrawn-

IF EQ only reported 10 years from file date- it should already be gone?

[Anonymous]

according to my new report the date it comes off is 10/07 so i guess on the 1st or so?????