Call an Oklahoma City Tax Attorney - (405) 256-2619!
If you possess outstanding debt or face tax penalties, it can become very
difficult to stay on top of payments in a timely manner. In some cases,
the IRS might enforce a levy or garnishment against your financial accounts
or paycheck. When this happens, you may feel that there is nothing you
can do to prevent such legal action.
At The Carver Law Office, PLLC, we are passionate about assisting individuals
with personalized legal representation. We have over 25 years of experience
in tax law-related matters and are confident that we can help you. Working
with an Oklahoma City tax attorney can provide you with the peace of mind
and direction that you need during this time.
Understanding Levies and Garnishments
If the government or private credit agency orders a levy or garnishment
against you, it can be very serious. Levies apply to financial accounts
and garnishments apply to paychecks. In the case of a levy, a hold will
be placed on your financial account and your debt will be paid using that
money until the entirety of the debt has been paid.
Garnishments are similar, but the money is taken out of your paychecks
as opposed to your bank account. You will be ordered to pay a set amount
of money from each paycheck to the creditor until your debt is paid off.
How can my orders be released?
Fortunately, there is a way to have levies and garnishments released. By
negotiating a settlement plan with the IRS or private creditors, you can
release the levy or garnishment ordered against you. Doing so takes experienced
financial legal guidance.
Levies and garnishments can be released based on the following:
- Proof of a significant financial hardship
- Proof of a medical hardship
- Other serious life events that render you unable to pay your debt
Perhaps you have not been served with a levy or garnishment yet, but fear
that you might be. It is important to contact an Oklahoma City tax attorney
as soon as possible so that it can be stopped with ample time.
Let our firm give you the future that you deserve. The burden of extensive
tax debt can be debilitating and we want to help you understand your legal
rights and secure a solution that works for you.
Call The Carver law Office, PLLC, and get your finances and future on track.