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If it is a debt against the house.
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∙ 15y ago
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What happens to a lien placed on a property and that person who is owed the money dies?
The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.
Is a home mortgage debt considered a federal debt?
No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.
What are people called have a debt owed to them?
A creditor is someone who has a debt owed to them. The one who owes the debt is the debtor.
Does owner of quit deed pay mortgage if mortgagee dies?
Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.
What type of debt does the US have and who is it owed to?
The majority of US debt is actually owed to US citizens.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Who is world debt all owed to?
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
How do I figure the amount of equity in my home?
To calculate the equity value you must know the current market price of your home and the remaining debt owed. Subtract the debt owed from the current market price to obtain the equity value of your home. This number may be negative, meaning you are "upside-down," owing more money than the home is worth.
What word means somethng is owed?
The word is "debt."
Can you sell a debt owed you?
Of course.
What happens when a person dies and is owed money by a relative?
If the debt is evidenced in writing it is the obligation of the executor to collect the debt owed to the estate.
Can the debt collection company pursue you for the owed amount now in 2008 if you owed a bill for 70.00 from 1999?
Yes, you can be pursued for a debt from 1999. Once you owe a debt, it is always owed until it is written off by the company or paid by you.
