Drowning in a huge financial sinkhole, Pamela Anderson is desperately looking for a rescuer to throw her a life preserver. But no amount of press coverage or public adoration can save the desperate star. The former Baywatch babe, Playboy model and celebrity girlfriend had two huge tax liens filed against her in Los Angeles in 2009. The IRS has filed a $1,700,173 lien against Anderson with the Los Angeles County Recorder of Deeds in October. Earlier in the year, the state of California filed a $252,360 tax lien against her in Los Angeles.
Despite the liens and rumors about a possible bankruptcy, the 42-year-old mother of two, who was named by the Guinness experts as the world record holder for being the “most downloaded star” ever, continues to insist that she’ll be fine. If Pamela Anderson is going to be fine, she should contact a tax professional like Peter Stephan at the Tax Resolution Institute.
With extensive experience negotiating Installment Agreements and Offers In Compromise in huge tax cases with both the IRS and the State of California, Peter Stephan has the kind of experience Pamela truly needs in her hour of crisis. Once liens have been filed, remedial action has to be taken, or a levy and the eventual seizure of assets and property will follow.
A federal tax lien can only be filed by the IRS after the tax is assessed; a Notice and Demand for Payment is mailed; and the taxpayer neglects or refuses to fully pay the debt. If payment isn’t made after 10 days of receipt of the notice, the IRS files a tax lien for the amount of the debt. The lien attaches to property (such as Pam’s house) and puts other creditors on notice. State tax liens generally operate in the same manner.