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  2. Tax lien - Wikipedia

    en.wikipedia.org/wiki/Tax_lien

    A federal tax lien arising by law as described above is valid against the taxpayer without any further action by the government. The general rule is that where two or more creditors have competing liens against the same property, the creditor whose lien was perfected at the earlier time takes priority over the creditor whose lien was perfected at a later time (there are exceptions to this rule ...

  3. Investing In Tax Liens: Weighing the Risks and Rewards - AOL

    www.aol.com/investing-tax-liens-weighing-risks...

    In each state where tax lien certificates are auctioned through a bid-down process, the state sets a maximum interest rate. Illinois has the highest rate — 36%, collectible at a rate of 18% ...

  4. How does a tax lien affect your credit score? - AOL

    www.aol.com/finance/does-tax-lien-affect-credit...

    No — and neither does an income tax lien. Federal and state tax liens no longer appear on your credit report and neither affect your credit score. That said, tax liens are considered public ...

  5. Tax sale - Wikipedia

    en.wikipedia.org/wiki/Tax_sale

    A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...

  6. Lien - Wikipedia

    en.wikipedia.org/wiki/Lien

    statutory lien—a lien arising solely by force of statute. tax lien—a lien on property and all rights to property imposed by the taxing authority for unpaid taxes. [27] vendee's lien—a buyer's lien on the purchased land as security for repayment of purchase money paid in, enforceable if the seller cannot or does not convey good title.

  7. What Are Back Taxes? Meaning and Consequences - AOL

    www.aol.com/finance/back-taxes-meaning...

    Tax liens: The IRS may place a lien on a taxpayer’s property, including real estate, vehicles and financial accounts, claiming a legal right to the assets as security for the unpaid debt.

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