June 19, 2020
In
Banks, Banks, Blog, Credit Unions, Financial, IRS Tax Audits, Lender Solutions, Mortgage Companies, Small Business Loans
Silent Liens and Their Risks to Lenders
Silent liens refer to a lien that is not on any public record. The IRS uses this type of lien to invoke a more aggressive approach to collecting unpaid taxes on the lien when other methods have failed. This can cause many problems for a