answersLogoWhite

Top Answer
User Avatar
Wiki User
Answered 2006-12-17 21:27:33

It depends upon the nature of the lien and who is the holder of the escrow account. If the property is being held in escrow by the lender, then yes, the placement of a lien is possible.

012
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Your Answer

Still Have Questions?

Related Questions

Can personal property be levied when a judgment is placed against you for credit card deliquency?

Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.


When a judgment is executed is it an 'automatic' lien on the debtor's property?

A judgment in most cases (except for small claims) can be executed as a lien against real property. It is not "automatic" the judgment creditor must file the judgment as a lien against property solely owned by the debtor or if the portion that is owned by the debtor when the property is jointly held. Judgment creditor liens cannot be placed against marital property held as Tenancy By The Entirety where only one spouse is the debtor.


Can a lien be placed on your property in one state if you move to another?

Yes. The judgment creditor can also file an Abstract of Judgment against property owned by the debtor in another state if the action is warranted.


Can a lien be put on property that is paid in full?

Absolutely. If you are sued and a judgment is rendered against you, a lien can be placed against your paid-off property. Because you have 100% equity in the property, your exemptions may not protect the property fully.


How do you find out if a judgment lien has been placed against property?

Check the records in the land recorder or tax assessors office in the city or county where the property is located.


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.


What is proof can i use for a title company that a judgment has been paid?

A letter from the collection company or creditor who reported it or a lien release form if the judgment was placed in lien against property.


Can a lien be placed on a property jointly owned by 2 people primary house or rental property if one of the owners has a judgment against them by a creditor?

can a property or business be liened if one of the owners, owe debts


Can a lien be placed against a property which is in tenancy of the entirety but the judgment is against the husband only?

No. In most states that allow property ownership as "tenants in their entirety", a lien can only be placed against a property if all owners of record are included in the judgment. However, laws vary and most creditors will record the lien "just in case" the tenancy changes. The tenancy by the entirety could be broken by a death or divorce or if one partner conveys their interest to the other.


Can a collection agency put a lien for medical expenses on real estate property in Florida?

Yes, if they sue and receive a judgment against the debtor then a lien can be placed against real property or a portion thereof owned by the debtor.


What is a judgment?

It is a court order against the debtor to pay the creditor what is due. The judgment can be satisfied in several ways, wage garnishment is the usual one. Levy against bank accounts. Liens against property. The liquidation of non-exempt assets. And sometimes (rarely a homestead) the forced sale of property on which a lien has been placed.


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.


If lien is associated with a judgment against the defendant can it be placed on undeveloped land in another country other than where the defendant resides?

It cannot be re-placed on property that is outside the jusrisdiction of the presiding court.


Can a credit card company put a lien against you?

A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.


Can a judgment be place on property against the old owner?

It depends on the property that was owned. If you owned a car, and fail to have it taken out of your name, someone has an accident then it is possible that a judgment be placed against you. If it is a home, and something breaks, such as plumbing goes bad. If you have no knowledge of issues with the plumbing then you have no worries. However, if you knew there were issues, you may be held liable.


Is a lien by a creditor placed on the debtor or the debtor's attorney?

The creditor will execute the judgment against the debtor's non exempt assets or property not the debtor's legal counsel. On the debtor.


Can a warrant be palced if you don't pay a payday loan in Texas?

No warranty can be placed. They can file a civil lawsuit against you, then get a judgment to garnish your wages or property. This is a civil matter.


What is a Levy on real estate?

A forced "lien" or judgment on the property. Usually placed by the courts.


Can a lien be placed on your home due to defaulted student loans?

The lender would need to sue you and win a judgment in its favor. It could then request a judgment lien that could be recorded in the land records. Once it has been recorded against you and your property, you cannot sell or refinance your property until the lien is paid.The lender would need to sue you and win a judgment in its favor. It could then request a judgment lien that could be recorded in the land records. Once it has been recorded against you and your property, you cannot sell or refinance your property until the lien is paid.The lender would need to sue you and win a judgment in its favor. It could then request a judgment lien that could be recorded in the land records. Once it has been recorded against you and your property, you cannot sell or refinance your property until the lien is paid.The lender would need to sue you and win a judgment in its favor. It could then request a judgment lien that could be recorded in the land records. Once it has been recorded against you and your property, you cannot sell or refinance your property until the lien is paid.


Judgment liens are what type of lien?

A Judgment Lien is a lien placed on property by a creditor to recover a certain sum of money granted by a judgment awarded in court. The property can not be sold legally while the lien remains unpaid.


Is it legal for a lien to be placed on a joint loan if both parties are not on the property for the lien?

Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.Liens are not placed on loans. Liens are placed on the property that secures the loan. If a co-signer who does not own the property secured by the loan is sued for default, the lender could obtain a judgment lien and then use it to take any property owned by that party to satisfy the debt.


Can a judgment be placed against you personally when when operating a business through a corportation?

Yes


How long is a judgment in effect in New York state?

By "judgment," do you mean an award of something of value in the settlement of a case, or similar? If so, it is good until it is satisfied/paid off. Not paying a court awarded judgment may result in having lien placed against your or your property.


Can a lien be against automobiles?

A lien can be placed against almost any property.


Can a lien be placed on property for nonpayment if you have cancelled checks to prove a 5000 dollar loan to a friend?

Yes. Any creditor can file suit in the appropriate court. If the case is won, a writ of judgment can be issued, and a lien can be placed against any real property of the defendent. It depends what state you are in.


Still have questions?