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It depends on your state laws. Check your state laws to see how long a judgment can be enforced and if judgments are "renewable" in your state. My state (Georgia) length of time a judgment (lien) can be enforced is seven years unless the creditor requests a renewal of the judgment by filing in court again. Then they have seven more years to attempt to enforce the judgment.
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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.
How long does a paid off tax lien stay on your credit report?
7 years, after they are paid off. I have heard that tax liens stay on your credit report 10 years after they are paid off.
Is it possible to refinance a house with a lien attached?
Generally the lender will require that the lien be paid off with the proceeds of the loan.Generally the lender will require that the lien be paid off with the proceeds of the loan.Generally the lender will require that the lien be paid off with the proceeds of the loan.Generally the lender will require that the lien be paid off with the proceeds of the loan.
Does a paid off tax lien stay on your credit report for 7 years from the date it was 1st reported or 7 years from the date it was paid off?
SEVEN YEARS FROM THE DATE IS WAS PAYED OFF.
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.
How can you get a lien release form from Transouth financial corp?
I paid off my debt for a car eight years ago and TransSouth still has a lien on it how do I get a release of lien on the vehicle?????
I have a tax lien on my home can I refinance it?
The lender will require that the lien be paid off with proceeds from the refi if the refi is approved. No. A lien encumbers the property and it cannot be sold nor refinanced without being satisfied or settled before any other financial transaction occurs.
Can you renew registration for a paid vehicle that has a lien on it?
No... a vehicle which has a lien against it isn't paid off.
What is the statue of limitations on a car lien?
The lien is no longer applied to the vehicle when the loan is paid off. You can then get a lien release from the lender. As long as the loan has not been paid off the vehicle still has a lien on it.
When will a tax lien that was paid in 1999 come off of the report?
You didn't mention whether or not the lien had been paid and released. There is no statute of limitations on the time period an unpaid tax lien can show on a consumer's credit report. A paid tax lien may show for 7 years from the date the lien is released. A release of lien is the legal disposition of this type of item.
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.
Will having a lien prevent the purchase of a home?
Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.
