CHAPTER 4 Understanding and Solving Your Property Tax Debt ax Debt or Delinquent Property Taxes
Considering the extra costs, fees, and penalties that are added to the delinquent property tax amount, the sooner the issue is cleared, the better. The longer it takes to resolves the debt, the more added fees and penalties accumulate. Your circumstances are unique, and the information provided may not directly apply to your situation. For personalized guidance, we strongly advise consulting with a licensed attorney. Our team is available to offer recommendations if needed. If, at some point, you realize that delinquent property taxes are accumulating and you might not be able to catch up, take a deep breath and try not to panic. You’re not alone in this situation; millions of people across the U.S. face this same harsh taxation reality every day. Pensacola Fla. National Tax Lien Association Executive Director Howard Liggett said $7 to $10 billion in property taxes go delinquent each year. It’s a tough situation in which to find yourself; however, there are steps to take to work out of the dilemma. Begin by approaching your tax collector for a discussion in relation to the property taxes owed by you to the government, making sure you understand exactly how much you owe. This isn’t as straightforward as simply adding up your missed
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