A Mortgage on a House and a Subsequently Filed Tax Lien-which lien has priority the bank or the IRS?

 A Mortgage on a House and a Subsequently Filed Tax Lien-which lien has priority the bank or the IRS?   This is a question that clients often ask us.  
The typical scenario is that a couple buys a house, and then due to financial difficulties, they are unable to pay their taxes, and the IRS files a lien against the house.
There is concern from the clients and they ask what takes priority, the tax lien or the mortgage?

How The Texas-Based “Poo-Pourri” Inventor Recovered From Two Bankruptcies And Became A Millionaire

Celebrity Net Worth reports that Poo-Pourri inventor Suzi Batiz had filed for bankruptcy twice before becoming a millionaire with a successful business.
Batiz’s first bankruptcy stemmed from her desire to have financial freedom and success due to her impoverished childhood. At 19, Batiz bought a bridal shop in Arkansas. Unfortunately, her business went under due to no one wanting to buy the outdated bridal dress designs that she had purchased from the previous owner. She then had to file for bankruptcy before even turning 21 years old.

Forget Student Loans: Here Are Companies That Will Pay For Your College Tuition

The Krazy Coupon Lady shares 40 companies that will pay for a portion or all of your college tuition! Below are some examples:

Ways You Can Make An Extra $500 A Week!

Clark Howard shares several amazing and simple ways you can make an extra $500 a week!

How Common is Chapter 7 Bankruptcy?

Also known as “liquidation,” Chapter 7 bankruptcies are the most common chapter of bankruptcy filed in the United States. On average, approximately 62% of all personal bankruptcy filings are Chapter 7 cases. Chapter 13 cases account for roughly 37% of personal bankruptcy filings. Less than 1% of the remaining cases filed are individual Chapter 11 […]

How Common is Chapter 7 Bankruptcy?

Also known as “liquidation,” Chapter 7 bankruptcies are the most common chapter of bankruptcy filed in the United States. On average, approximately 62% of all personal bankruptcy filings are Chapter 7 cases. Chapter 13 cases account for roughly 37% of personal bankruptcy filings. Less than 1% of the remaining cases filed are individual Chapter 11 […]

What are the Qualifications for Chapter 13 Bankruptcy?

Chapter 13 is commonly referred to as a “wage earner” or “restructuring” bankruptcy. Debtors are permitted to reorganize their financial obligations, paying some debts through a three to five-month bankruptcy plan and potentially discharging some. While many people are eligible to file a Chapter 13 case, some requirements must be met. A potential filer must […]

What are the Qualifications for Chapter 13 Bankruptcy?

Chapter 13 is commonly referred to as a “wage earner” or “restructuring” bankruptcy. Debtors are permitted to reorganize their financial obligations, paying some debts through a three to five-month bankruptcy plan and potentially discharging some. While many people are eligible to file a Chapter 13 case, some requirements must be met. A potential filer must […]

Social Gloves Entertainment Rumored To Be Filing Bankruptcy After Failing To Pay Fighters

Sportskeeda reports that Social Gloves Entertainment may be filing for bankruptcy after failing to pay the fighters from the most recent Youtubers vs. TikTokers amateur boxing match. The headlining fight featured family vlogger Austin McBroom vs. TikToker Bryce Hall. Several other famous Youtubers and TikTokers went head to head in the boxing ring. Fans could watch their favorite social media stars fight by purchasing it via pay-per-view.

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