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Can a lien be placed on a sole proprietorship for a personal debt?
Wiki User
∙ 8y ago
Unless the business has been incorportated, yes.
Wiki User
∙ 15y ago
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Can a lien be placed on a house for a personal loan to pay off a debt?
If you have equity, yes
Can a lien be placed on a racehorse for a debt owed?
no
You co-signed a mortgage for property you don't own. Can a lien be placed on that property for your own personal debt?
No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.
Can a lien be put on a personal injury case by child support?
can a lien be placed against a personal injury award
If your home is in foreclosure status can a lien be placed for a unsecured debt?
YES. Condo Fees
Can a lien be placed on your home for credit card debt if it is jointly owned and the other party is not responsiblbe for the debt of the cards?
yes
What does levied mean?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
What does levy taxes?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
Can a lien be placed against personal property of executor of an estate if they didnt pay you your inheritance?
A lien can normally only be placed with a court order. The beneficiary can certainly take them to court. And if they win, then they can place a lien.
Can a lien be placed on a house for a personal loan debt if the loan payments are not overdue?
No, the contract would have to be in default for the lender to sue and receive a judgemnt which could possibly be used as a lien against real property. The exception is Mechanic's liens which do not require a lawsuit to be implemented.
What happens to a lien placed on a property and that person who is owed the money dies?
The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.
If a person has a personal tax lien and they also own a business can the IRS also put a lien on the assets of that business?
No, unless it is a sole proprietorship. The IRS cannot put a lien on anything held by a corporation, LLC, etc. However, note that the IRS lien attaches to all property -- real and personal, tangible and intangible. That means that if they put a lien on you, they have technically attached that lien to your ownership interest in the company.
