Vivix Credit Solutions is a licensed and bonded credit service organization that has successfully assisted clients with credit repair and correcting or removing tax liens that contain inaccurate, questionable, and unverifiable information reported to the credit bureaus.
Although the credit bureaus are required to follow reasonable procedures to ensure that the information they report is accurate, mistakes or errors can and will occur and may affect your credit score.
A Tax Lien refers to the Government’s right to encumber property or wages when taxes are owed and are not paid. Tax Liens can be ordered by the City, County, State or Federal Governments. Tax liens are harmful and can remain on your credit report indefinitely if they are not paid. Once the record is paid it can remain on your credit report for up to 10 years from the satisfied date.
In the United States, a federal tax lien may arise in connection with any kind of federal tax, including but not limited to income tax, gift tax, or estate tax. The statute of limitations under which a federal tax lien may become "unenforceable by reason of lapse of time" is found at 26 U.S.C. § 6502. For taxes assessed on or after November 6, 1990, the lien generally becomes unenforceable ten years after the date of assessment. For taxes assessed on or before November 5, 1990, a prior version of section 6502 provides for a limitations period of six years after the date of assessment. Various exceptions may extend the time periods.
In order to have the record of a lien released a taxpayer must obtain a Certificate of Release of Federal Tax Lien. Generally, the IRS will not issue a certificate of release of lien until the tax has either been paid in full or the IRS no longer has a legal interest in collecting the tax. Many people who owe a significant amount of debt may choose to offer a settlement of the debt. This is referred to as an offer in compromise. However, a properly submitted offer in compromise does not affect a tax lien, which remains effective until the offer is accepted and the offered amount is fully paid. Once the compromised amount is paid, the taxpayer could request removal of the lien.
A Tax Lien can damage your credit scores by up to 100 points and will limit your ability to obtain new credit. Most lenders will require for you to either have the lien paid or to have a payment plan in place with the lien holder before issuing any new credit.
Vivix Credit Solutions in Las Vegas will perform a free consultation to review your credit report with you, determine the best credit repair program to meet your needs, provide you with pricing, and answer any questions that you may have about your credit, tax lien removal, and credit repair services.
Vivix Credit Solutions will also show you proof of the hundreds of Las Vegas clients who have received our credit repair services and will also show you proof of tax lien removals.
If you have a paid tax lien that is more than 7 years old and it has not been removed from your credit report, please contact our office for a free consultation with one of our Credit Experts to discuss how to remove the tax lien from your credit report.
Vivix Credit Solutions can also assist you with:
• Late Payment Removal
• Collection Removal
• Charge-off Removal
• Foreclosure Removal
• Judgment Removal
• Repossession Removal
• Bankruptcy Removal
• Inquiry Removal
• ID Theft Correction
• Credit Score
Note: According to industry research 70% of all credit reports have more than three errors in the consumer’s credit file. Consumer Credit File Rights under Federal and State Law allows you to dispute inaccurate information in your credit report by contacting the credit bureau directly. However, neither you nor any “credit repair” company or “credit repair” organization has the right to have accurate, current, and verifiable information removed from your credit report. The credit bureau must remove accurate, negative information from your report only if it is over 7 years old. Bankruptcy information can be reported for 10 years.
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Vivix Credit Solutions - Licensed and Bonded Credit Services Organization.
We have successfully assisted countless clients improve their credit profiles with Equifax, Experian & TransUnion. Our service fees are extremely affordable and very competitive!