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Can a mortgage lien be removed without proof that the mortgage company has been paid and the lien legally released?
Wiki User
∙ 12y ago
Most mortgage companies use a title or trust company to remove liens once they have been satisfied. So while mistakes can always been made, and some companies may not require proof of satisfied lien before processing the request, there are generally several safeguards in place to prevent errors. If the question is more to consumers or other entities fraudulently releasing liens, generally this can not be done because neither borrowers nor third parties are authorized to release liens not placed by them. The lien placing entity or successor, assigns, or trustor must be releasing agent.
Wiki User
∙ 12y ago
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How do you get your name removed from the church mortgage loan?
Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.
How can someone be released from cosigning a mortgage loan without ruining their credit?
The only way to be removed from the obligation of cosigner is for the loan to be refinanced.
If your name is on a property deed but you never were listed on the mortgage or applied for the mortgage can the mortgage company legally pursue you if the property goes into foreclosure?
You will need to check with your individual state laws. Generally, if you were only added to title via "QUIT CLAIM" they can not come after you for the mortgage liability. If you are not on the mortgage, you are not on the loan. However the property will still be gone. Unfortunately there is more to it that just having your name on the mortgage. I am personally aware of a couple who list the husband (because he had better credit history/score) as the sole holder of the mortgage, however when the payments fell behind and the mortgage went into default the bank came after BOTH the husband and the wife and attached the debt to her although her name was NOT on the mortgage. The stated reason was that legally she was obligated for the debt because she occupied the property with him and it was listed as their primary residence. This may not be legal, however when they went to an attorney, he suggested that the best he could do was to request that the mortgage company remove her name as a "courtesy" and there would be no guarantee of this. Do not be surprised if you are attached to the mortgage and are negatively effected (i.e. credit history/score) although you were not on the loan, especially it is your primary residence. Even if you fight to be removed (this will require intervention from a lawyer) and are successful however the damage had already been done and her credit had been effected.
If you have signed a quit claim deed as the grantor is there any way to force the grantee to refinance the mortgage loan to remove your name from the monitary obligation?
Unfortunately, if you've signed your rights away you are only removed from title and are still obligated to the mortgage. The only way to get out of the mortgage is for the person holding title to refi and have your name removed from the mortgage.
Does the boyfriend have to leave the house if the mortgage holder dies?
Yes. All of the power is in the hands of the mortgage holder or owner. Example: a lease holder can ask an occupant to leave as it it thier dwelling (more or less though it belongs to the owner). But if the occupant also were on the lleases then it is a dispute that must be settled legally to decide whos name can be removed fom said lease.
How do you get your name removed from the church mortgage loan?
Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.
Are you legally obligated to give the insurance money you inhereted from your fathers estate to your mother who never removed her name from the divorce decree to pay off a foreclosed mortgage?
Yes lololololol
How can someone be released from cosigning a mortgage loan without ruining their credit?
The only way to be removed from the obligation of cosigner is for the loan to be refinanced.
If you have a felony can it be removed from your record?
Not legally...
If your name is on a property deed but you never were listed on the mortgage or applied for the mortgage can the mortgage company legally pursue you if the property goes into foreclosure?
You will need to check with your individual state laws. Generally, if you were only added to title via "QUIT CLAIM" they can not come after you for the mortgage liability. If you are not on the mortgage, you are not on the loan. However the property will still be gone. Unfortunately there is more to it that just having your name on the mortgage. I am personally aware of a couple who list the husband (because he had better credit history/score) as the sole holder of the mortgage, however when the payments fell behind and the mortgage went into default the bank came after BOTH the husband and the wife and attached the debt to her although her name was NOT on the mortgage. The stated reason was that legally she was obligated for the debt because she occupied the property with him and it was listed as their primary residence. This may not be legal, however when they went to an attorney, he suggested that the best he could do was to request that the mortgage company remove her name as a "courtesy" and there would be no guarantee of this. Do not be surprised if you are attached to the mortgage and are negatively effected (i.e. credit history/score) although you were not on the loan, especially it is your primary residence. Even if you fight to be removed (this will require intervention from a lawyer) and are successful however the damage had already been done and her credit had been effected.
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 you have signed a quit claim deed as the grantor is there any way to force the grantee to refinance the mortgage loan to remove your name from the monitary obligation?
Unfortunately, if you've signed your rights away you are only removed from title and are still obligated to the mortgage. The only way to get out of the mortgage is for the person holding title to refi and have your name removed from the mortgage.
Does the boyfriend have to leave the house if the mortgage holder dies?
Yes. All of the power is in the hands of the mortgage holder or owner. Example: a lease holder can ask an occupant to leave as it it thier dwelling (more or less though it belongs to the owner). But if the occupant also were on the lleases then it is a dispute that must be settled legally to decide whos name can be removed fom said lease.
Can surviving children leave the deed on a house in the parents name?
This will depend on the lender. Normally the estate can continue the mortgage for a reasonable period of time. It is up to the finance company to determine whether they trust the beneficiaries to continue the mortgage.
Will a credit card company remove your name from an account if you and your husband are separating and splitting the credit card debt and he is the primary card holder on both cards?
If you are a joint holder, no. You signed a contract that was legally binding. If you're an authorized user, then you can be removed. In fact, you don't legally even have to pay the debt.
A trustee removed the bank's lien so he can liquidate the property to pay creditors. Can a property be released from a mortgage if one person is on the mortgage and two people are on the deed?
A duly appointed trustee in bankruptcy can obtain permission from the court to sell the property free from encumbrances. That is the only way the property can be transferred free from the creditors liens.
In Pennsylvania can a co-signer be removed from the deed by signing a quit claim deed?
Yes. Signing a quitclaim deed will divest you of your ownership in the property. However, it will not divest you of your obligation to pay the mortgage if you also co-signed a mortgage. Also, if there is a mortgage, changes in ownership may trigger a demand for full payment of the note. Review the mortgage document if there is a mortgage.
