Are You Facing Tax Distraint?
February 10, 2010
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Distraint is the practice of seizing people's assets to market at public sale, as a way to clear unsettled tax owed. The tax collector has the lawful power to take this step without a order from the court, but a certain process has to be adopted to stay inside the law. To start with, a mail will be sent to the debtor warning that distraint action is about to begin. This will be followed by a call to the debtor's dwelling or premises by a tax representative, in order to check what assets and possessions that are worth something might be seized.
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