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∙ 13y ago
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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
You have high unsecured debt can creditors get lien against your home or the equity of your home which is partially paid off?
If the creditors sue you for unpaid balance they can put a lien on your home if it is in your name.
Will chapter7 clear lien on home for credit card dept?
It depends on whether there was equity in the home at the time the lien attached. If so, it is a secured debt and will have to be paid. You may have to have hearing to determine dischargeability.
Can bank keep you from getting your car back if you pay it?
If you owe a debt to the bank and they take you to court in order to recover the debt then the court may issue a judgment against you in favour of the bank which entitles the bank to cease you vehicle and to sell it in order for your debt to be paid to them but if the courts award a judgment lien then the bank has the right to seize your vehicle and to retain it in their possession until you have cleared the debt to which owe them whereas upon the debt being paid in full your vehicle shall be returned to you.
Can a company put a lien on your property if the debt is paid in full?
Not legally.
How long does a lien last in WA?
Until the debt is paid off
Can a lawsuit be filed against a creditor that has placed a lien on home bought after bankruptcy?
The creditor would have problems enforcing a lien if the debt was included in the bankruptcy. If they were paid off, investigate further. If they were not included, then the lien may be valid.
What does a lien on a home mean?
It means that someone who you likely owe money to has gone to a government office and had alien put on you. That means whateverpiece of property they put the lien on, if it was a car per say, if it was totaled and the insurance paid it, then the lien-holder (the person who put the lien on you) would get the amount of the lien from the insurance before you got the rest of the check.
Can a debt collector place a lien on your property without your knowledge?
i paid taxes on a property. i want to know how to place a lien on that property for the amount paid.
Can they put a lien on your property if your paying a mortgage on it?
No. They would need to obtain a judgment lien against you in court and provide proof that you asked them to pay your taxes and promised to pay them back. Otherwise, in Massachusetts, they would be considered a volunteer.
Which of this statements describes a lien?
A statement that describes a lien is that it is a claim put on someone's property (i.e.: a vehicle, real estate, construction) in order to secure the payment of a debt. A lien can also be ordered by a judge for nonpayment of a debt. This lien will affect any property owned by the debtor if the debt is not paid.
Can you take out a home equity line of credit when there is a lien on your home?
The lender will require that the lien be paid off.
