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No. A tenant has no ownership interest in the property and so the property is not available to their creditors.
No. A tenant has no ownership interest in the property and so the property is not available to their creditors.
No. A tenant has no ownership interest in the property and so the property is not available to their creditors.
No. A tenant has no ownership interest in the property and so the property is not available to their creditors.
What else can I help you with?
How do you make a debt on doodle god?
Bank + Money = Debt Money+ House = Bank Gold + Paper= Money
Why was the National Bank placed in Maryland?
To aid in ending the debt assumed by the Revolutionary War.
Why was a National Bank placed in Maryland?
The Second National Bank was established to aid in recovering from the debt incurred during the Revolutionary War.
If you have a lien on your home and you lose your home do you still have to pay?
Yes. The lien is simply a method by which a debt is secured. If the lien is on the house and the house is lost, the only thing the creditor loses is the security for the debt. The debt remains payable. If a person buys a house and borrows $100,000 to help pay for it, that person signs a promissory note to establish the debt and signs a mortgage to establish the bank's lien on the house as security for the debt. If the house burns down and there is no fire insurance, the bank has lost the security for the debt but it has not lost the debt. The mortgage (security) is useless because there is no house, but the promissory note (debt) remains in effect.
Can a lien be placed on a house for a personal loan to pay off a debt?
If you have equity, yes
How can I obtain a lien release from a bank?
To obtain a lien release from a bank, you typically need to pay off the loan or debt that the lien is attached to. Once the debt is cleared, the bank will issue a lien release document confirming that the lien has been lifted. You can request this document directly from the bank or financial institution that placed the lien.
What happens to credit card debt if a bank fails?
If a bank fails, credit card debt is typically still owed by the cardholder to the bank or to a new entity that acquires the debt. The debt does not disappear just because the bank fails.
Are bank deposits subordinated debt?
Subordinated debt is a debt that ranks lower than bank deposits. From this point of view subordinated debt can't be deposits
What are the requirements for obtaining a house loan from a bank?
To obtain a house loan from a bank, you typically need a good credit score, stable income, a low debt-to-income ratio, and a down payment. The bank will also consider your employment history and the property's value.
What happens to your house if you go to prison?
If you go to prison, your house will still be yours unless you are unable to pay for it. If you can't pay, the bank may foreclose on the house and sell it to recover the debt.
How much total debt of the Philippines to the world bank?
60billion is the debt of philippines in the world bank.
If a bank writes off your house is it yours?
No, if people could just refuse to pay on their home and the bank would write it off the loan as an uncollectable debt and you got to keep the house, EVERYONE WOULD DO IT. It would be a "free" house and very few people would pay their morgages. You got a loan from the bank in exchange for promising to repay the loan with interest. If you didn't make the payments, you agreed that the bank would get to take your house away from you and THEY would own it. If you cannot make the payments, then the bank will eventually have to write the loan off as a bad debt/uncollectable debt/bad loan. THEY WILL STILL OWN YOUR HOUSE. They are now going to sell your house to try to make SOME of the money back that they loaned to you. Even if the house sells for less than they loaned you, they will still have made SOMETHING on the deal.
