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Sure. But if there is a lien against the property, it would be sold to generate the money to pay off the lien, even in bankruptcy. The lien secures or ties the debt to the property. If the amount generated doesn't pay off the debt, that amount becomes an unsecured claim in the bankruptcy and any other asset sold can be used to pay it off. Then if there is nothing else that can be used to pay your debts, and you still owe, the court may reduce or eliminate the rest.
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How do you get a lien removed after your debt has been cancelled?
You dont. You can avoid a lien up to the amount it impairs an exemption; otherwise, once perfected, a lien will only be removed if the pay off the lien.
If you file bankrupsy will you be able to get a home mortgage?
can i get a mortgage if i filed bankrupsy a year ago
Can you get a lien removed from your car title when someone forged your name on the title?
File a forgery complaint with the police. reapply for a title , then get a lawyer to have the lien removed.
How do you remove lien from credit report?
How can I get a lien removed from my credit report what is the statute of limitation law?
You hade bankrupsy does that mean you have apromisary note?
if i hade bankrupsy i are ready filed does a promisary note come with that
Can bankruptcy lawyer have lien removed from car?
If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.
Can you add a person to a car title if there is a lien?
no the lien has to be removed first then you can add another person to the title.sorry.
How can I get the Finance Company removed from my title to show only my name in order to sell it?
Contact the finance company and get a lien release from them. With that lien release you can have them removed from the title. You cannot get the lien release unless you have paid the loan off in full.
How can i find out if a lien has been removed or not?
If they can't collect immediately, they might have the right to file a lien against ... easier than you think—liens are routinely removed when you sell your home or your financed auto.8 ... If you believe a lien is not legitimate, contact the lienholder.
Can a lien be removed if you take your name off the deed in Michigan?
The only way to remove a lien is to pay it off and get a release.
Can a credit card company lien be removed if you don't pay?
The only way to remove an active lien is to pay it off. You cannot sell or mortgage your home until the lien is paid.
If there is a judgment lien on a property can any one of the co-owners be removed from the deed?
No, there can be no title transfer, sale or refinancing until the lien is paid.
