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If you take out a loan from the bank and put your car up as collateral, this is a consensual lien. If you owe taxes and the IRS put a lien on your property or bank account, this is a non-consensual lien.
Not if you are smart about it. You do not have to pay his debts through his insurance policy. Inheritance may be another thing. The credit company could put a lien on the estate. The insurance policy is NOT the estate. Y-THINK-Y
Yes, they can place a lien on real estate. That may mean they get nothing if the individual dies, because they can only lien on the rights of that individual.
i am assuming the following: your vehicle totaled, you do not have GAP insurance and the value of your vehicle was less than your payoff...unfortunately you will still owe this balance, most lien holders will do what they call a 'transfer of collateral'' meaning they will finance (assuming you are in good standing) if you want. your replacement vehicle and put this balance on top of that note....immediately making you really upside down AGAIN ...pleeeeeeeeeeeeeease get gap insurance on this one, talk to your lien holder about it...gap insurance pays the 'gap' between the value of the vehicle and the note balance..
yes....after they obtain a judgment in court...they can put a lien on your home, file an abstract against your social security number and attach wages and bank accounts...
no, if they try to sue them.
Not with a properly named beneficiary. If the beneficiary is the owner can the life insurance policy be attached by a lien? If the person is deceased than you now have the money. I guess it depends on what entity is putting a lien on. Certainly the IRS can do anything they wish. I don't think any other entity can put a lien on the money any more than they could your 401K or Savings account. If you are truly concerned you should check with your lawyer.
It is not possible to put a lien on a person's driver's license in any state. A driver's license can be suspended or revoked but only for traffic violations.
NO, all insurance companies require you to carry insurance on a vehicle with a lien. What if it catches on fire or is stolen.
Yes, you can put a lien on a bonded title.
You can put 'a lien' on a home in The Bahamas.
how can i put a lien on a motor vehicle for a loan that was put out and no payment made yet on the personal loan
I need to know how to put a lien on a vehicle in the province of BC
How to put a lien on a car in Arizona when I live in Washington state
Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.
Just be happy that the premiums aren't any higher as the Insurance Company got reimbursed. The lien isn't on YOU, it's on any proceeds you might receive for medical bills from the other party. For more info. www.SteveShorr.com
Record lien on title- as 1st lien holder