Are You Facing Tax Distraint?
Posted by nhunt73 30 days ago (http://www.debtnation.co.uk)Tax distraint is the operation of requisitioning an individual's possessions to offer at auction, as a way to clear unpaid tax owed. The taxman has the legalised power to take this action without a court order, but a specific procedure is required to be followed to stay within the legislation. To begin with, a mail will be sent to the debtor cautioning that distraint is about to begin. This may be followed by a call to the debtor's house or premises by a tax collector, in order to determine what assets and possessions that are worth something can be confiscated.
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