What happens when you file a FIFA?



What happens when you file a FIFA?

The lien remains on the county’s public records until the taxpayer pays the taxes. The most dramatic event that happens after filing a fifa is that the taxing authority may present the tax lien to the sheriff. The sheriff will use the fifa as a basis to auction the property to pay the taxes.

What happens after filing a FIFA in Georgia?

The most dramatic event that happens after filing a fifa is that the taxing authority may present the tax lien to the sheriff. The sheriff will use the fifa as a basis to auction the property to pay the taxes. This process is known as a tax sale. To get taxes paid, taxing authorities in Georgia often sell their fifa’s to third-party investors.

When does a fi fa have to be assessed?

By law, a fi fa may be assessed against the property as early as 30 days after the due date. It may be recorded in the office of the Clerk of Court once the taxpayer has received a 30-day notice of such action. Because a fi fa indicates a late payment or non-payment of a bill, it may affect the credit standing of the property owner (s).

What happens when you file a FIFA?



What happens when you file a FIFA?

The lien remains on the county’s public records until the taxpayer pays the taxes. The most dramatic event that happens after filing a fifa is that the taxing authority may present the tax lien to the sheriff. The sheriff will use the fifa as a basis to auction the property to pay the taxes.

How do you sell a FIFA in Georgia?

The sheriff will use the fifa as a basis to auction the property to pay the taxes. This process is known as a tax sale. To get taxes paid, taxing authorities in Georgia often sell their fifa’s to third-party investors. FIG and Investa are two companies that purchase tax liens.

What is a tax fi fa?

What is a Tax Fi Fa? A property tax fi fa is a lien placed against a piece of property for failure to pay taxes when due. Literally, "fieri facias," means "cause it to be done."

What is TAVT tax in Georgia?

It replaced sales tax and annual ad valorem tax (annual motor vehicle tax) and is paid every time vehicle ownership is transferred or a new resident registers the vehicle in Georgia for the first time. Non-titled vehicles and trailers are exempt from TAVT – but are subject to annual ad valorem tax.

What happens when you file a FIFA?



What happens when you file a FIFA?

The lien remains on the county’s public records until the taxpayer pays the taxes. The most dramatic event that happens after filing a fifa is that the taxing authority may present the tax lien to the sheriff. The sheriff will use the fifa as a basis to auction the property to pay the taxes.

How do you sell a FIFA in Georgia?

The sheriff will use the fifa as a basis to auction the property to pay the taxes. This process is known as a tax sale. To get taxes paid, taxing authorities in Georgia often sell their fifa’s to third-party investors. FIG and Investa are two companies that purchase tax liens.

How long does a judgment lien stay on a property in Georgia?

A judgment lien in Georgia will remain attached to the debtor’s property (even if the property changes hands) for seven years (whether the lien is attached to real estate or to personal property).

What happens after filing a FIFA in Georgia?

The most dramatic event that happens after filing a fifa is that the taxing authority may present the tax lien to the sheriff. The sheriff will use the fifa as a basis to auction the property to pay the taxes. This process is known as a tax sale. To get taxes paid, taxing authorities in Georgia often sell their fifa’s to third-party investors.