Judgment and New Mortgage - Posted by Anon Ymous

Posted by John on August 25, 2002 at 15:43:13:

This might be a moot point because the lender’s probably going to want to see a release of the IRS Judgment before advancing a nickel. Better talk this out with the lender before going much deeper into it.

Judgment and New Mortgage - Posted by Anon Ymous

Posted by Anon Ymous on August 22, 2002 at 22:43:12:

Hi. Someone I know wants to take out a Home Equity Loan but is hesitant to do so because she has a judgment from the IRS. She is working on getting the judgment removed but it may take a while. In the meantime, she is afraid that should she take out a loan or make any financial move, the IRS will claim the money. Do you know whether the IRS would or would not get involved in such cases?