Asked in Taxes and Tax PreparationLiensStatutes of Limitations
If a person have had a tax lien on them since 1994 what is the statute of limitations for it now 2009?
January 31, 2009 4:51PM
There is no SOL on a lien. They do generally have a 20 year time frame, after which it expires, BUT it can easily and virtually is automatically, renewed for another 20 years. The lien isn't the debt. It is just a legal notice securing the lien. The debt would remain in any case.