Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter.
You may see the phrase on your paperwork. So what is a tax delinquency lawsuit? In plain terms, it is a suit to collect unpaid property taxes. Here is how a tax delinquency lawsuit works.
First, taxes go unpaid for a while. The county adds penalties and interest. So the balance grows over time. Eventually, the county wants to collect.
What a tax delinquency lawsuit means
At that point, the county files a tax delinquency lawsuit. It names the property owners, including the heirs. So your name can appear even over a relative’s property. The suit targets the property and the unpaid taxes.
Next, the case moves forward if no one acts. A court can rule, and a sale can follow. So ignoring a tax delinquency lawsuit only raises the stakes. Acting early keeps your options open.
Then you choose your path. You can fight the case with an attorney. You can pay the balance. Or you can sell your share and step out.
Selling often makes the most sense for an unwanted property. A buyer takes your portion and the taxes. So your name leaves the tax delinquency lawsuit for good.
In short, a tax delinquency lawsuit collects overdue taxes through the courts. But you can exit it cleanly by selling your share.
What this means for you:
A tax delinquency lawsuit collects unpaid property taxes and names the owners, including heirs.
You can exit by selling your share, and a buyer takes the portion and the taxes.
If you want to be bought out of the lawsuit and have your name removed, no cost to you, call or text us at (469) 708-8003 today.
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