Midtown New York City Law Firm


WEBEL LAW, PLLC
535 Fifth Avenue, Floor 4
New York, New York 10017
(646) 373-1055




PROPERTY SEIZURES













RIGHT TO DUE PROCESS


At least 30 days before starting any collection activity to seize your property or your right to property, the IRS must notify you in writing of your right to a Hearing with an independent appeals officer of the IRS. You must request the Hearing.

Call us and let's discuss our law firm representing you.









WHAT IF I DISAGREE WITH THE HEARING OUTCOME?


The Hearing is not the end of your right to be heard. Appeals officers can be wrong, so then you have the option to appeal to the appropriate U.S. Federal Court with jurisdiction over your issue.

WHAT IS AN IRS NOTICE AND DEMAND?


If you have received a Notice and Demand to pay your taxes, call us immediately if you want us to evaluate your situation. This is the point when you may need advice on how to challenge or settle the debt that they claim you owe. You may have options, but we need to learn more about the facts in your case.

Thirty days is a short period of time when it comes to your money being taken. It may be gone before you know it. Remember, if you agree to hire us, we need time to prepare your case to stop the IRS. Call us ASAP for a free phone conversation.



WHAT HAPPENS AFTER AN IRS NOTICE AND DEMAND?


If you've failed to pay taxes due 30 days after the IRS has given Notice and Demand to pay, they can start more advanced collection activity, including an IRS Levy and Seizure.

Unlike other collection agencies, the IRS doesn't have to sue to obtain a judgment upon which collection of assets can be based. Instead, the IRS merely needs to assess the taxes due.






WHAT IF I DON'T OWN ANYTHING OF VALUE?


A Levy covers almost all your assets, even if they're not worth much money. Expect your bank account and wages to be an early target because they are easy to reach by the IRS. Furthermore, the IRS likes seizing bank accounts and wages because they get cash immediately. No lengthy and expensive public auction is needed, and a portion of your tax debt is paid immediately.

For you, the seizure of either the funds in a bank account or your wages—even if they're not a lot of money—can make it impossible to pay your living expenses. They're also very embarrassing because they bring your IRS problem to the attention of people you'd rather not know.

Your bank account and current wages are just the beginning. The IRS can attack those sources again and again. If needed, the IRS may focus on seizing other property they think you own. Because an asset appears to be in your possession, they may take it whether you own it or not.






WHAT IF I DISPOSE OF MY ASSETS?


Once a Tax Lien is in place, the IRS has rights to your property over many other creditors. Therefore, the IRS may have a right to any sale proceeds. Furthermore, making your assets unavailable to the IRS could be a crime. Having the IRS after you for a crime is much more serious than having them seize your property.









WHAT IF MY PROPERTY WAS ALREADY SEIZED?


Just because your property has been seized doesn't mean you have no options. You may still have rights and, possibly, your property can be retrieved. Let's talk.