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Can a lienholder place a lien against you when you have nothing?
Wiki User
∙ 12y ago
Yes, even though it seems pointless. A lien can be filed against the individual with the assumption that in the future the judgment debtor will be in some manner solvent.
However, it would be unusual for a creditor to file suit against a debtor if it has been clearly established that the monies owed are uncollectible.
Wiki User
∙ 12y ago
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Can a lien holder place a lien against you when you have nothing?
Yes.
Can a lien holder take a full settlement if there are other lien holders?
Yes--as to that lienholder's lien only.
How can i find out if a lien has been removed or not?
If they can't collect immediately, they might have the right to file a lien against ... easier than you think—liens are routinely removed when you sell your home or your financed auto.8 ... If you believe a lien is not legitimate, contact the lienholder.
Can a vehicle that is without a lienholder be repossessed by a company before a lien is filed?
No
How do you sell a motorcycle with a lien?
You will need to pay off the lien first, or arrange with the lienholder to be able to make a sale.
Could a car repo affect your tax return?
For that to happen, the lienholder would have to take you to court for the balance of the lien, and a garnishment would have to be placed against you by a judge.
How can you get a copy of a vehicle title that shows the lien holder has been paid therefore the lien has been released?
You request it from the DMV of the state you have it registered in. If they haven't received notification from the lienholder, then you need to contact the lienholder and have them rectify this.
How do i report a repossessed bike?
If it's repossessed, it's repossessed... there's nothing to report. As long as there's a lien on that vehicle, the lienholder is the rightful owner of it, and can reclaim their property.
When can a lawyer place a lien against your real estate?
A lawyer can place a lien against your real estate after they have sued you in court and won. The court then issues a judgment lien and the lien is recorded in the land records. The property cannot be sold or mortgaged until the lien is paid.
What is a blanket lien?
A blanket lien is a lien which gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan.
Can you legally repossess your car with a lien on the title?
That is the only way you can repossess a vehicle. Repossession comes under the UCC which grants a lienholder the right to repossess but only if they have perfected their lien by filing it on the title. One caveate is in most states the lienholder can not repossess a vehicle that is under a mechanic's lien without first paying that lien.
Do you have to carry full coverage on a rebuilt title with a lien on it?
Your lienholder will almost certainly require it.
