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That would totally depend on what state the property is located in and what type of lien it is.
placed in May of 2005, the lien which I just got a copy of from our mortgage lender, says it is for expensed an x girlfriend claims to have paid for. I paid all expensed & gave her 6 months to move out, she moved out the last day & I gave her $4000.00 to start over. I never received any notification of this lien for 12,649.00. I need to dispute this so I can continue my remodification process or lose the $1800 already paid for the remodification.
Wiki User
∙ 12y ago
Wiki User
∙ 14y agoYour property cannot be sold or refinanced until the lien is paid. Once a judgment lien, tax lien or any other type of lien is issued the interest on the debt begins to pile up. You need to pay the lien as soon as possible. Once paid, the lien holder must provide you with a release that can be recorded in the land records.
Wiki User
∙ 12y agoYou need to determine why he liened your property and take steps to clear the lien. If YOU owe him, pay him. Problems can arise. For example: If a sub-contractor worked on your house, but the main conttractor didn't pay him for his work, the sub CAN place a lien against your house even though you may have already paid the main contractor in full. It can get messy and complicated and you may need the services of an attorney skilled in real estate law.
Wiki User
∙ 14y agoIf it is for a legitimate bill, you have the choice of paying for it and getting the lien released, or of paying off the lien when you sell the property. For cars, it is better to have a lien free title in hand.
Wiki User
∙ 13y agoYou should consult with an attorney who can review your situation and explain your options. You would need to prove the lien was improperly placed and that may require title research and other legal research. The resolution may be easy or it may be difficult. You may be entitled to legal costs.
Wiki User
∙ 12y agoYou may have to go to the court house that issue the lien against your property and file a motion to show cause. The court house will set a date for you to appear in court at that time bring your lawyer if you have one. or you can very sell save your money and represent your self if you have paperwork to show proof that the lien is incorrect.
Wiki User
∙ 12y agoIf you have adequate proof that the lien is fraudulent, take them to court. You can even go to small claims court if you like, and sue for damages.
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What does it mean when someone puts a lien on your home in California?
It means that you owe someone money, they have obtained a judgment against you and you will not be able to sell or refinance your property until the lien is paid and a discharge is recorded.
If credit card puts lien on house and i file bankruptcy can i still file the credit card in the bankruptcy?
You have to, it is a debt...it is just a secured debt...by the lien on the property.
What happens when the city puts a lien on your house for unpaid taxes?
Eventually the city will take possession of the property and sell it.
Can you stay in house if state puts a lien on it?
Yes. A lien is how the taxing authorities protect their interest in the property of an individual or business that does not pay its taxes. The state did not take away the proprietary right yet.
Can i Put a lien on a vehicle to get my name on the title?
A person or a company that puts a lien on a vehicle is a "lien holder" that is on the title. It is not recognized as ownership.
What is notice to owner?
This notice alerts a homeowner in Florida that someone has or will provide improvements to their property, either by furnishing services or materials. It puts the owner on legal notice that they now have a responsibility to make certain that that person gets paid, if not, that person may place a lien upon the property. It is an important document and establishes the lien rights of those that work on your house, you should pay careful attention to it and make certain that those that send you this notice get paid.
What does it mean if someone leans on an item of mine?
I think you mean lien, and it means they take an item in order to secure the debt from some sort of loan. So you owe 20,000 in taxes and the government puts a lien on your car for example.
If your father puts on a survivorship to all that he owns will you be protected from anyone who is trying to take something from his estate away from you?
They can still place a lien on the property. And when your father dies, they could recover than.
Can you put a lien on a house that you are renting for improvements you made to the house?
Only if the landlord agreed to pay for those improvements. Normally, you would not be reimbursed for the cost of repairs or improvements you did not have permission to make. In fact, you might be responsible for paying to restore the property to its original condition if the landlord did not like your improvements.
When creditor puts lien on your home will mortgage company make you pay it or foreclose on your home?
As long as you keep making your mortgage payments the bank can't foreclose. However, you cannot refinance or sell the property until the lien is paid. If you sell, the net proceeds after paying off the mortgage would go to the lien holder to satisfy that lien.As long as you keep making your mortgage payments the bank can't foreclose. However, you cannot refinance or sell the property until the lien is paid. If you sell, the net proceeds after paying off the mortgage would go to the lien holder to satisfy that lien.As long as you keep making your mortgage payments the bank can't foreclose. However, you cannot refinance or sell the property until the lien is paid. If you sell, the net proceeds after paying off the mortgage would go to the lien holder to satisfy that lien.As long as you keep making your mortgage payments the bank can't foreclose. However, you cannot refinance or sell the property until the lien is paid. If you sell, the net proceeds after paying off the mortgage would go to the lien holder to satisfy that lien.
Lien Processing Is A Financial Service?
At some point in time everyone is faced with the decision to buy something on credit. It may be a car, a house, an appliance, or a tract of land that requires some sort of financing to complete the transaction. If financing is the only option a lien is generated to guarantee payment. A lien is a claim against the property purchased; it prevents an individual from selling it before the debt is paid and the lien is removed.A lien doesn't give anyone else ownership of the property it just prevents the individual from transferring or selling the property while the lien is in force. If the property is sold before the lien is paid the owner must pay off the lien from the proceeds of the sale. If the proceeds are less than what's owed on the property the owner is responsible for the difference and must pay it before the lien is removed. Lien processing lawyers' deal with incorporating, enforcing, and retiring liens.Most Liens Are Accepted as Normal Financial ToolsMost liens are voluntary so a standard form is used when purchasing a car on credit or buying a home. A home mortgage is actually a lien; the lender puts a lien on the property until the mortgage is paid or the property is sold and the debt is paid in full. Contractors use liens to ensure payment when remodeling work is done. A contractor or mechanics lien can be filed in some states without the giving the individual any notice. That practice can open the door for several legal battles and that's when a lien processing attorney is called in to sort out inferior workmanship, additional charges, and non-payment for services rendered.The government will put a lien on property if income taxes are not paid according to their terms. Another type of lien processing has evolved from the failure to pay income taxes on time. A tax attorney is trained to negotiate with the government so tax liens can be removed as quickly as possible. A lien processing tax lawyer helps taxpayers pay what is owed or they make a settlement with the government so the tax lien is removed from personal property.Other liens like a divorce lien, a homeowners' association lien, and judgment liens filed by banks and credit card companies often require the services of a lien processing attorney who can help reduce additional interest charges and legal costs.
If my investment property goes into foreclosure will they put a lien on my home?
If the loan on the investment property is "recourse" -- ie you personally owe whatever the bank fails to collect on a foreclosure sale, and then you do not pay that "deficiency", then the bank could sue you and take a judgment against you and file a judgment lien against you that would tie up the house (a judgment lien effectively puts a "stop" on transfers of any property). And if you try to sell the property after they file suit (or possibly even before), you might be charged with a fraudulent conveyance. It also depends on whether they took your home up front as additional collateral. There are too many unknowns because you gave few facts, but this is as "could be".
