Saturday, August 13, 2011

Will a tax levy affect my FICO score?

A tax levy has been placed on my bank account for unpaid payroll taxes by an LLC of which I am a partner. (Back story: the payroll company took money out of our account and failed to remit to the IRS and has since gone out of business.) I am in the process of getting these paid. Will the levy negatively affect my FICO score or credit report? Thanks.

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