“Pay off IRS lien to avoid preferred tax amount”

Item: Pay off IRS lien to avoid preferred tax amount
Rating: 7
Author: u_Almost-mw2676

What Actually Happened

Paying off IRS lien allowed us to get on a new payment plan and access a HELOC

What I wish I knew

"To consider paying off the lien sooner to avoid high interest"

Advice to Someone Facing This Now

If I could tell you one thing

"Consider paying off tax liens to avoid high interest and get on a new payment plan"

Regret Index

3/10

Significant downsides.
Complicated feelings about the outcome.

SettledMixedSevere

Advice for Someone Facing This

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Discussion

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Finance Category

2,949

Finance decisions logged. Avg regret 4.9/10 across the category.

Same Outcome Band

41%

of Finance decisions land in the settled band the same as this one.