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Can a lien holder place a lien against you when you have nothing?
Wiki User
∙ 13y ago
Yes.
Wiki User
∙ 13y ago
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How do you remove a lien holder off an abandoned motorcycle in New Hampshire?
Generally to remove a lien, you have to pay the amount of the lien to the lien holder. Even if it is abandoned, the lien holder still has a financial claim against it that must be satisfied before the title is clear. The only other possibility is to show a court that the lien is not legitimate.
Is an assignee a lien holder?
An assignee of a lien is the new lien holder.
What are the lien holder's right's if the customer is deceased in TX?
They can still enforce the lien. They may have to file a claim against the estate.
Can a lien holder file an ins claim on customer's auto policy?
No a lien holder can not file a claim against the insurance company as they are not the named insured, you are. Although if there is a lien on the vehicle the insurance payment for damages to your vehicle will be in your name and the lien holder name. They then might require that you fix the vehicle so they can protect their interest in the vehicle. each lien holder is different. CORRECTION: If the lien holder is named on the policy and the vehicle has been repossessed, the lienholder has a right to recovery under that policy.
Does a lien holder automatically get paid from an inheritance?
It depends on what the lien is against. If it is against the estate, it has to be resolved before distribution. If there is a lien against your property, your inheritance does not have to be used to pay it off, however, it could be claimed through a court order.
Who needs lien insurance?
The lien holder would. A lien holder has a financial interest in the property
What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?
you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.
If you default on a leased vehicle can the bank place a lien on your home?
It is possible. While it is more difficult for a vehicle lien holder to extend a lien to other, unsecured property, it is possible with a legal judgment. It is much simpler for this to occur if the lien holder and mortgage holder ar the same. In situations such as this, it is a simple matter of cross colateralization.
Can a lien holder refuse release of lien if debt is paid?
If a debt has been paid off, the lien holder is required to release the lien. If the lien holder refuses, you will need to get a lawyer and take the case to court
What is a Lian holder?
I think you mean LIEN (not lian) holder. A lien holder is one (an individual or company) which holds the lien to a secured real or personal property.
Is it fraud if you sell something that is collateral?
Collateral meaning there is a lien or chattel against the object, then the answer is yes IF YOU DONT INFORM THE BUYER, and get approval from the lien-holder.
Is a lien holder responsible if the car owner has an accident?
only if the lien holder caused the collision
