If the judgment is open, you must pay before escrow closes on the mortgage. If the judgment cannot be satisfied, you must show an agreement with the creditor and at least six months of consistent payments.
There is no reason to disclose a civil judgment to a rent an apartment, unless it affected your credit rating or it was asked by the leaser.
After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.
The general answer is yes. There are civil suits against some mortgage companies.
Yes.
It means you lost a civil suit in court and there is possibly a monetary judgment against you - can result in a Lien, etc.
I have a civil judgment against me and the mobile home wasn't in my name. It is showing up on my credit report. How do I dispute it?
A civil suit judgment is against the person who is named in the lawsuit. Unless there are extenuating circumstances, the wife would not be liable for the payment.
Contact the clerk of the court or the court administrator where the judgment was issued and request a copy of the writ of judgment.
Assuming a Chapter 7 was filed, if you did not surrender the property to the bank, the bank would file for relief from stay and be able to pursue foreclosure. If you surrendered the property, the mortgage balance was discharged and the bank was in violation of the automatic stay. A notice of the bankruptcy should have been filed with the court the bank sued you in. You cannot ignore legal procedures taken against you after a discharge. You have to respond appropriately.
A deficiency judgment is where the owner of a mortgage or deed of trust is awarded a judgment against the borrower in the amount of: the amount of money owed in the mortgage or deed of trust minus the amount of money the property sold for at foreclosure sale If the above amount is a positive number, some states allow the lender to get a judgment for that amount.
Yes. The lien would be against any interest they own in the property. If only one owner granted a mortgage the other owner still owns their interest free of the mortgage unless they acquired that interest after the mortgage was granted by the owner.
Civil judgments are good for 20 years in many jurisdictions. All you can do is try to wait out the creditor and hope it doesn't move to seize your personal property such as your car or bank accounts. You can't sell or mortgage your real property if a judgment lien is recorded against you in the land records until the lien has been paid.
If you have a civil judgment or lien against you in South Carolina and you pay you house off, they can not take it directly from you. They may be able to put a lien against it until you pay the debt off.