How long can an unpaid federal tax lien be reported
on one credit report in the State of Texas. are there statutes that
that limit the time period.
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How long can an unpaid federal tax lien be reported
on one credit report in the State of Texas. are there statutes that
that limit the time period.
The Texas statute of limitations for tax debts is three years from the date the taxes were due or the date a tax lien was recorded, with exceptions (i.e., no statute of limitations) if the debtor has committed fraud, has failed to file a return, or has committed a gross error (an error which, if corrected, would increase tax owed by 25% or more). The limitations period is extended for periods during which the debtor is in bankruptcy proceedings, in the event of a payment made under protest, or during any litigation over the amount allegedly owed. So you can expect the tax debt to appear for at least ten years.
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