Tax Liens and How they can Affect you

Previously I discussed having a tax lien on my credit report pertaining to a vehicle. I have learned a lesson and have taken full responisibility for the debt that is on my credit report.

3 Things You Should be Aware of

1. Don't give someone your social security number: I allowed my brother to put a car in my name. I never drove the car, rode in the car, or anything of that manner. Now I have a tax lien on my credit report close to $9,000. First, I permitted him to use my SSN to put the car in my name so who is at fault? Mine, of course.

2. Ask about the taxes on a vehicle when you purchase it out of state or in another county: When I first inquired about the lien I was told that it was dealing with a Cadillac Escalade. I disputed it and of course it didn't come off. When I went today, it involves that vehicle and my old truck. Both cars where purchased in other states and the tag was issued in GA. Because the tags where purchased here, the company didn't charge taxes on the vehicle. Please ask if the will charge you tax so you don't get caught years later owing a debt that you are unaware of.

3. Stay On Top of all debts: If you receive documentation stating that you owe anything contact them and ask what it is. See if they can provide some background information to let you know what it is specifically. Debtors do make mistakes so if you feel that it doesn't belong to you dispute it. If it doesn't it will be removed from your credit report.

The Light Makes Things Clearer
This situation has brought me to the light. I was unaware, now I am glad that I found out. I asked her to explain it to me so I would get a clear understanding of what was going on.

I have to pay my part. There is a third party helping me with this situation with my relative. He has to do his part because he was misled.

Where there's a will there's a way. Things happen for a reason. I sometimes question why they always happen to me. Maybe it's not the time for me to experience whatever. Don't fret because trouble doesn't last always. I know that financial success will be mine. I just have to move forward and do the best with what I am given.

Will Everything Be Fine in 09? Sure they Will!

In my life it seems everytime I try to make a change something awful tends to occur. Honestly, I don't know what the problem is. The stars and the moon must not be aligned in my favor, who knows.

I was motivated about the year and now I am down and out. I know things will look up, but when? I seriously don't know. In my last post I was excited about the changes I have made in my life. As for this post, I don't know whether I am coming or going.

Here's What Happened
I let someone put a vehicle in my name and guess what happened to me? Now, I have a tax lien of $8,743.00 on my credit report. Eventhough the vehicle is no longer in my name this still has fallen on me. This is crazy, I never saw the car, drive the car, or had anything to do with the car, but this is a problem for me. I went to the tag office and they gave me a print out of where the vehicle hasn't been in my name since 2003 and it shows there are no liens on it. Learning lesson, don't give anyone your social security number for any reason. The car had no liens on it at all, but somewhere someone dropped the ball and now the problems goes to me. Aren't I the lucky one?

I can't file my taxes and school is about to start. I was looking for us a house, but that is not an option until this gets taken off of my report.

As of now, my credit scores are:
Equifax 576
Experian 546
Transunion 576

That sucks! Things happen for a reason and regardless it can only get better.

My Bills
Liam: 1,481
ING: 300
Student Loans: Another Thing

As of now all I am concerned with is getting a higher credit score. I am not in a financial situation where I can just ball out of control. That is where I want to be.

Another thing, one of my tenants may be moving due to an increase in her family. So if it's not one thing it's another. Thought about selling that house, but I may just lose money. I guess I need to lay low and just continue to rent it out.

My life feels like a big bag of chaos. I am spiraling out of control and I don't know what to do to get it back in order. My mind is running a million miles an hour. My eye has been jumping and I am not doing anything with the time I am given daily. I have been crying a lot too. I may be stressed or it my be depression. Whatever the cause I don't want any medication. I pride myself on not being a pill popper. I try to handle things without drugs.

As for my financial state, financial freedom will be mine. I will continue to keep it moving. Not let the petty things get me down. Pay off as much as I can and not look back. I will learn from my mistakes as well as others. Use what I write and read to lay the foundation of my financial success. I know things will happen, but it is not how you handle it, but what you do with it.