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How safe is it to buy property at a fieri facias sale Do I stand a chance of a previous owner coming up with the money and I be in the cold.?
Wiki User
∙ 12y ago
If what you mean is how safe is to buy at a sale where there is a redemption period for the prior owner to pay up and get his property back....(which are by no means what fieri facias sales always are). Many tax lien sales have that process.
Normally...the amount that must be paid during the period of redemption goes to the successful bidder, plus a reasonable (sometimes more than reasonable), interest and fee charge. Frequently, people bid at auctions of this type expecting the prior owner to redeeme it...basically doing so as a good interest bearing investment. I'm not sure where you think the "out in the cold" possibility comes from?
Wiki User
∙ 12y ago
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What has the author Edmund Meares Kelly written?
Edmund Meares Kelly has written: 'A treatise on the law and practice of scire facias' -- subject(s): Forms (Law), Scire facias
What is the plural form for the suffix -ia?
simply add an -s, as in: facia - facias fuscia - fuscias aria - arias
What is a FIFA lien?
A fifa lien is the name of a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a lien. The term 'fifa' comes from the Latin 'fieri facias' meaning 'that you cause to be done'.
FIFA mortgage acronym?
FiFa (Fi. Fa. or Writ of Fieri Facias). A writ issued by a court pursuant to a judgment in a civil lawsuit. Once recorded in the General Execution Docket, the FiFa becomes a lien against all real property owned by the judgment debtor in the county where the FiFa has been recorded. In most typical transactions, all FiFas must be collected for and paid in full at or before closing. FiFa (Fi. Fa. or Writ of Fieri Facias). A writ issued by a court pursuant to a judgment in a civil lawsuit. Once recorded in the General Execution Docket, the FiFa becomes a lien against all real property owned by the judgment debtor in the county where the FiFa has been recorded. In most typical transactions, all FiFas must be collected for and paid in full at or before closing.
A word that begins with f?
* fabulous * falafel * few * fer de lance * fi. fa. (fieri facias) * ficelle * fob * fodder * fu manchu * fufu * fyi
What is the motto of Havelock North High School?
Havelock North High School's motto is 'Whaia te iti kahurangi'.
What has the author John Hampden written?
John Hampden has written: 'The arguments of Sir Richard Hutton ... and Sir George Croke ... together with the certificate of Sir John Denham ... upon a Scire facias brought by the Kings majesty, in the Court of Exchequer, against J. Hampden ..'
Back light not working on radio in jaguar x300 how do you fix it?
There are several companies that repair Jaguar radios for a flat rate. Just 'Google' Jaguar radio repair. If you want to keep the stock unit, or just replace the head with an aftermarket, you can get all the facias. What I want to find is a reasonable LCD clock repair for that car. Some 'highwaymen' in England will do this for $200, which is rediculous for a $5 part.
What are some six letter words with 2nd letter A and 3rd letter C and 4th letter I and 5th letter A?
According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 4 words with the pattern -ACIA-. That is, six letter words with 2nd letter A and 3rd letter C and 4th letter I and 5th letter A. In alphabetical order, they are: faciae facial facias racial
What are some six letter words with 3rd letter C and 4th letter I and 5th letter A and 6th letter S?
According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 1 words with the pattern --CIAS. That is, six letter words with 3rd letter C and 4th letter I and 5th letter A and 6th letter S. In alphabetical order, they are: facias
What are some six letter words with 1st letter F and 3rd letter C and 4th letter I and 5th letter A?
According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 4 words with the pattern F-CIA-. That is, six letter words with 1st letter F and 3rd letter C and 4th letter I and 5th letter A. In alphabetical order, they are: faciae facial facias fecial
What are the garnishment laws in VA?
Virginia Procedural RequirementsOn a judgment for money, it shall be the duty of the clerk of the court in which such judgment was rendered, upon request of the judgment creditor, to issue a writ of fieri facias at the expiration of twenty one days from the date of the entry of the judgment and place the same in the hands of the proper officer of such court to be executed and take his receipt therefor. Virginia. Code Ann. _ 8.01 466.To ascertain the personal Statutee of a judgment debtor to which the debtor named in a judgment and fieri facias is entitled, upon the application of the execution creditor, the clerk of the court from which such fieri facias issued shall issue a summons against any debtor to, or bailee of, the execution debtor. The summons shall require him to appear before the court from which the fieri facias issued or a commissioner of a county or city contiguous thereto, or upon request of the execution creditor, before a like court or commissioner of the county or city in which the execution debtor resides, or of a county or city contiguous thereto, to answer such interrogatories as may be propounded to him by the execution creditor or his attorney, or the court, or the commissioner, as the case may be. As a condition precedent to such a proceeding, the execution creditor must furnish the court with a certificate setting forth that he has not proceeded against the execution debtor under this section within the six months last preceding the date of such certificate. Virginia. Code Ann. _ 8.01506.Any money, bank notes, securities, evidences of debt, or other personal Statutee, tangible or intangible, which it may appear by such answers are in possession of or under the control of the debtor or his debtor or bailee, shall be delivered by him or them, as far as practicable, to the officer to whom was delivered the fieri facias, or to some other, or in such manner as may be ordered by the commissioner or court. Virginia. Code Ann. _ 8.01507.On a suggestion by the judgment creditor that, by reason of the lien of his writ of fieri facias, there is a liability on any person other than the judgment debtor, a summons in the form prescribed by _ 8.01512.3 may be sued out of the clerk's office of the court from which an execution on the judgment is issued or be sued out of the clerk's office to which an execution issued thereon has been returned against such person. The summons and the notice and claim for exemption form shall be served on the garnishee, and shall be served on the judgment debtor promptly after service on the garnishee. Service on the judgment debtor and the garnishee shall be made pursuant to subdivision 1 or 2 of _ 8.01296 (mainly personal service).When making an application for garnishment, the judgment creditor shall set forth on the suggestion for summons in garnishment the last known address of the judgment debtor, and shall furnish the clerk with an envelope, with first class postage attached, addressed to such address, whereupon a copy of the summons and the notice for exemptions form shall be inserted into such envelope by the clerk and sent to the sheriff with the process to be served. The judgment creditor shall furnish the social security number of the judgment debtor to the clerk, unless excepted by law. The judgment creditor shall, in the suggestion, specify the amount of interest, if any, that is claimed to be due upon the judgment, calculated to the return day of the summons. He shall also set out such credits as may have been made upon the judgment. Virginia. Code Ann. _ 8.01511.Interest Rate at which Judgments Accrue The judgment rate of interest shall be an annual rate of nine percent, except that a money judgment entered in an action arising from a contract shall carry interest at the rate lawfully charged on such contract, or at nine percent annually, whichever is higher. Interest at the judgment rate, where no rate is fixed by the contract, shall apply to both prejudgment interest and to post judgment interest. Virginia. Code Ann. _ 6.1330.54. Applicable Forms Garnishment Summons, Virginia. Code Ann. _ 8.01512.3. Notice of Exemptions, Virginia. Code Ann. _ 8.01512.4. 4.0.
