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Francise tax board California If you have an unpaid state tax bill and you have ignored the notices and telephone calls, the California Franchise Tax Board will issue a State Tax Lien against your accounts and assets to protect the state’s interest until your balance is paid in full. The State Tax Lien will be filed with your local county and a notice of the francise tax board California lien will be published. Beyond the public damage in your local community, a tax lien immediately will appear on your credit report and lower your credit score. Without warning, your financial security and the safe future of your family can be placed in doubt. If you fail to take action and protect your assets, setting your finances in order, the California State Franchise Tax Board can end up seizing and selling your personal property. Such a levying of assets by the FTB often includes more than just a bank levy or a wage garnishment. In addition, your home and your family car can be threatened, placing your future in true jeopardy. To be perfectly clear, francise tax board California is a legal claim to secure a debt and threatens both real and personal property. A State Tax Lien issued by the California Franchise Tax Board is a general lien and arises out of operation of state law. It attaches to all property and rights to property located in California that belongs to you. The Notice of a State Tax Lien is filed with the California Secretary of State to make the state tax lien a matter of public record and to secure the debt. Once the tax lien becomes public, you need to take action to resolve your state tax debt or the collections actions truly begin. In addition, you must realize that a state tax lien will prevent you from refinancing, selling, or transferring property through escrow unless the lien is satisfied. In essence, the assets recorded in the lien become frozen in place and time. In addition, with your credit damaged, you will find yourself unable to borrow the funds needed to cover your back taxes. Please do not allow fear to paralyze you from taking action now. With extensive experience and expertise, Peter Stephan and the Tax Experts at the Tax Resolution Institute can help you obtain relief from your tax problem today. We know how to help you relieve the burden of a Tax Lien issued by the California Franchise Tax Board. If a state tax lien is recorded against you in error, the francise tax board California will send a lien release to the county. We will also notify the three major credit bureaus about the error. The lien release prompts the credit bureaus to remove the erroneous lien from your credit bureau report.