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Yes, the lender can file suit for the outstanding amount and if they receive a judgment they can execute the judgment in the manner in which the laws of the judgment debtor's state allow.

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16y ago

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Can they place a lien on your business property in Maryland for a deficiency judgment which is against you ex-husband in addition to you?

If both parties are named in the judgment, then a lien can be placed against the property of either or both parties. There may be, however, the possibility of appeal and removal of one party due to the dissolution of marriage.


What are your rights if a collection agent has recently began calling about the balance due on a 13-14 year old repossession?

DID the lender get a judgment for the balance due? Demand verification of the debt from CA. NO verification, NO PAY...


What if someone did not reaffirm their car after they went bankrupt and missed four payments what will happen?

Your car will likely be repossessed if you did not sign a reaffirmation agreement. If it was included in the bankruptcy, but just not reaffirmed, however, a judgment can not be placed against you for past due amounts or any balance owed. They can, though, slap you with a repossession on your credit record.


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It is due to the deficiency of Vitamin B3 (Niacin)


What is a deficiency judgment tied to property and how do you benefit when trying to rent an apartment?

I will answer the 1st part of the question "What is a deficiency judgment tied to property".A deficiency balance is whatever is left of a loan when the security has been sold--such as a repoed car is sold for less than the loan amount plus repo costs, storage, title & taxes, the balance remaining on the loan after applying what the car sold for is a deficit balance.A judgment was filed by the lending company to recover whatever money is still due them anda judgment automatically ties to real estate property if the borrower owns a home.


How long is a writ of execution good for?

A writ of execution is a judgment that is placed on an individual or business due to debt. A writ of execution is normally good for 10 years, and then another one needs to be filed to extend the judgment.


Anaemia occurs due to the deficiency of?

Iron Anaemia occurs due to the deficiency of ironas well as folic acid.


Can you get a repossession off your credit if you pay the past due amount immediatley?

Actually, it doesn't just come off your record. It will show as a repossession, but it will show as no balance due.


Do boils appear on your skin due to vitamin deficiency?

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Can a lien be placed on your personal property by a credit card company if the account is in arrears?

A creditor must follow due process as prescribed by the laws of the state where the debtor resides. For a lien to be placed against real property the creditor must first sue the debtor, be awarded a judgment and enforce the judgment as a property lien.


In Georgia should you do a voluntary repossession or just repossession?

The second to last sentence should read - Never will a voluntary repossession cost you MORE than a forced repossession. A repo is a repo. Voluntary Repos will, in most cases, save you money due to the cut in fees associated with the repossession. In some cases these fees will not be any less and the cost of a voluntary repo and the cost of a forced repo are the same. Never will a voluntary repossession cost you less than a forced repossession. Either way, voluntary repossession is the decision I would make, due to the possibility of a lesser cost.


When the borrower agrees to a voluntary repossession but their mother contests the action is that a wrongful act of repossession?

No, if the vehicle is subject to repossession due to a default in the lending agreement, it is irrelevant whether or not the parent agrees to the action.