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What is a sheriffs lien?
A sheriffs lien occurs when a person gets in debt and their property or assets are seized. They are then sold by the sheriffs department to repay the debt.
Under what circumstances can the IRS seize an irrevocable trust?
The IRS can seize an irrevocable trust if the trust owes unpaid taxes and the assets within the trust are considered part of the taxpayer's overall assets.
Can a collection agency seize you assets?
No. A collection agency can apply for a court order to recover a debt which may mean seizing assets.
What is a sentence with the word seize?
Police Seized my truck. Illegal assets must be Seized.
Example of the word seize?
It is important to seize every opportunity that comes your way. The police officers will seize the stolen property. As a result of the lawsuit, he is able to seize your assets. With a search warrent, the officers are able to seize evidence from the scene.
Can the IRS take money owed from a savings account?
Typically they can seize liquid assets if there are taxes owed.
If the obligated parent is behind on child support can a lien be placed on his assets and if so how is it done?
Have child support services in your state handle the situation. They will revoke his license and try to seize assets.
What is the plural possessive of sheriff?
The plural possessive of "sheriff" is "sheriffs'." This form indicates ownership by multiple sheriffs, as in "the sheriffs' office" or "the sheriffs' decisions."
Can the bank seize assets in the bank during a bankruptcy?
If creditors believe the person is trying to remove funds from accounts to keep them from bankruptcy proceedings; creditors can petition the court to freeze all accounts/assets. A bank cannot arbitraily seize account funds unless the depositer has a loan with the bank which includes a set off provision. Even then the bankruptcy trustee can request the funds be returned and included as assets in the bankruptcy.
How do you use the word sheriffs in a sentence?
The sheriffs patrolled the streets to ensure the safety of the community.
Can the IRS seize a jointly owned vehicle?
Yes, the IRS can seize a jointly owned vehicle if one of the co-owners owes taxes. They have the authority to enforce tax collection by levying assets, including jointly owned property.
What is the plural possessive case for sheriff?
The plural form of the noun sheriff is sheriffs. The plural possessive form is sheriffs'.example: All sheriffs' training and qualification is done at the state level.
