I owed taxes ($1500) to the state of California from the year 2007, apparently these will be discharged in my bankruptcy if I am discharged.
However, the Franchise Tax Board has a lien on my property--which will survive the bankruptcy.
I am wondering what the Tax Board can do to collect on this lien after discharge? I realize that if I try to sell or refinance the property before the lien expires (Jan 2022) that it will have to be paid. In the meantime does the Tax Board still have the right to foreclose on my property to collect? If so--how likely is it that they would do so for $1500?
And--if my personal liability is gone (thru the BK discharge)--will they be prohibited from going after my bank account and garnishing my wages to get their money? What about taking any tax refunds that are due to me (they have already filed the paperwork to do this for federal refunds)? I just want to know what I need to worry about.
Thanks
However, the Franchise Tax Board has a lien on my property--which will survive the bankruptcy.
I am wondering what the Tax Board can do to collect on this lien after discharge? I realize that if I try to sell or refinance the property before the lien expires (Jan 2022) that it will have to be paid. In the meantime does the Tax Board still have the right to foreclose on my property to collect? If so--how likely is it that they would do so for $1500?
And--if my personal liability is gone (thru the BK discharge)--will they be prohibited from going after my bank account and garnishing my wages to get their money? What about taking any tax refunds that are due to me (they have already filed the paperwork to do this for federal refunds)? I just want to know what I need to worry about.
Thanks