Few things cause more anxiety than receiving notice of a tax levy. When the IRS or another taxing authority issues a levy, it can seize your wages, bank accounts, or property. But if you act quickly, there are legal tools available to stop or reduce the damage—often before assets are taken. 

What Is a Tax Levy?

A tax levy is the government’s legal authority to seize your assets to collect unpaid taxes. This can include:

  • Withdrawing funds from your bank accounts
  • Seizing physical property such as vehicles
  • Garnishing federal payments or tax refunds

Before a levy takes place, the IRS usually sends multiple notices, including a Notice of Intent to Levy. Once this is received, you have only 30 days to take action.

Legal Tools to Stop a Tax Levy

Fortunately, you don’t have to go through this alone. Legal representation can help stop or reverse a levy using several strategies:

1. Installment Agreements

You can negotiate a payment plan with the IRS to pay your tax debt over time. If approved, the levy process will usually stop while you make monthly payments.

2. Offer in Compromise (OIC)

An OIC allows you to settle your tax debt for less than the full amount owed. If the IRS accepts your offer, it halts collection efforts, including levies.

3. Bankruptcy

If you’re facing multiple debts and the tax burden is overwhelming, filing for Chapter 7 or Chapter 13 bankruptcy may provide immediate protection through an automatic stay. This legal protection temporarily stops most collection activities, including a tax levy.

Each of these options has specific qualifications and timing requirements, so it’s essential to consult with an attorney early.

Why Fast Legal Action Matters

 

Waiting too long to act could result in:

  • Frozen bank accounts
  • Seized personal property
  • Irreversible loss of funds

If a tax levy has already started, it may still be possible to reverse or limit the damage—but the process becomes more complex. Having an experienced debt relief attorney evaluate your situation as early as possible can mean the difference between financial stability and further hardship.

When to Contact a Lawyer

You should speak with a lawyer if:

  • You’ve received notice of an impending tax levy
  • You cannot afford to pay your full tax debt
  • You want to explore all legal options to prevent asset seizure

An attorney can help you negotiate directly with the IRS, prepare accurate financial disclosures, and represent you in court if needed.

Taxes forms next to calculator
Stop a tax levy before it seizes your property—Attorney Joel Gonzalez offers proven legal strategies in Texas.

If you’re facing a tax levy, the Law Office of Joel Gonzalez is ready to assist. Serving the Southern District of Texas, including Corpus Christi, I focus on helping clients find lasting debt solutions. I also handle cases involving debt relief service and stop debt collection. With a record of high client satisfaction, I can help you stop collection actions and move toward financial recovery.

Don’t wait until your assets are gone. Take control of your tax situation today with experienced legal support. Contact me now.