A lien can be placed on any property, regardless of who holds the mortgage. In most cases the mortgage holder will be paid before a secondary lien holder.
Yes. If it sues you in court and wins a judgment it can request a judgment lien and record that in the land records. Your house cannot be mortgaged or sold until the lien is paid.Yes. If it sues you in court and wins a judgment it can request a judgment lien and record that in the land records. Your house cannot be mortgaged or sold until the lien is paid.Yes. If it sues you in court and wins a judgment it can request a judgment lien and record that in the land records. Your house cannot be mortgaged or sold until the lien is paid.Yes. If it sues you in court and wins a judgment it can request a judgment lien and record that in the land records. Your house cannot be mortgaged or sold until the lien is paid.
A forced "lien" or judgment on the property. Usually placed by the courts.
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.
Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.
No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.
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.
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.
Yes, but it will only affect the half interest of the co-owner named in the judgment.
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.
Any judgment, if not satisfied, can be placed as a lien upon your property. Yes. The judgment must be recorded in the land records. If you are the creditor you should check with the court that issued the judgment to inquire about the recording practices in your state. In Massachusetts, a judgment lien is recorded by the sheriff's office.
Check the records in the land recorder or tax assessors office in the city or county where the property is located.
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.