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Is caused when a landowner is unable to pay the debt on property?
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∙ 14y ago
forcloser
Wiki User
∙ 14y ago
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What is caused when a landowner is unable to pay the debt on a property?
Foreclosure
What is caused when a landowner is unable to pay the debt on property?
Foreclosure
A person who is unable to pay his debt?
bankrupt
Can residential property be levied to pay debt?
Yes residential property can be levied to pay back a debt. It is common for a bank to put a levy on a property.
What is Fiscal Crisis?
unable to repay ones debt
What is the Statute of limitation on real estate debt?
If the debt is on real property, there is no limit. The debt is a lien against the property and the debtor collects on sale. A lien is valid as long as the property exists, and land seldom disappears.
What two events caused the English debt to increase?
Name two events that caused the English debt to increase?
What if you signed mortgage but not promissory note?
If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.If you didn't sign the note that means you are not responsible for the debt. If you signed the mortgage that means you consented to the property being used as security for the debt and if the note isn't paid the lender can take possession of the property by foreclosure.
What does levy taxes?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
What does levied mean?
A levy is a seizure of money or property to satisfy a tax debt. A levy is different from a tax lien. A lien is collateral placed on property for a debt. a levy is physically taking the property.
Why were many African Americans farmers caught in a condition of debt peonage?
They did not have enough money to pay for supplies from the company store.
Will you be imprisoned if you can't pay your credit card debt?
In most countries, being in debt (or rather being unable to repay debt) is not a crime, you cannot be arrested or imprisoned for it.
