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Is it difficult for law firm to place lien on property of uncecured debt?
Wiki User
∙ 14y ago
No it is not difficult, however they would need to obtain a lawful judgment in order to place a lien on any identifiable property.
Wiki User
∙ 14y ago
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Can a debt collector place a lien on your property without your knowledge?
i paid taxes on a property. i want to know how to place a lien on that property for the amount paid.
You co-signed a mortgage for property you don't own. Can a lien be placed on that property for your own personal debt?
No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.
If a house is owned by a husband and wife and only one person owes a debt can a collector place a lien on the home?
If the property is owned by the husband and wife as tenants by the entirety a lien for the debt of one will not affect the property.
Can a home inspector place a lien on a house you do not own?
If the persons living on the property are the ones who owe for the inspection but are not the owners, no. The person owed does however, have other options for collecting the debt. No. If you owe the debt the home inspector cannot place a lien on property you don't own.
Can creditors put a lien on a deceased property if there is no will?
The existence of a will has no bearing on whether or not they can place a lien. If they have a legitimate debt and a judgment, or an agreement in the loan regarding a lien, they can place the lien on the property or the estate.
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 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.
Is it effective for a property owner to sign prepare and place a lien on his own property?
A property owner cannot place a lien on his/her own property. To create a voluntary lien on property the owner must agree to transfer an interest to the creditor until the debt has been paid. When the debt has been paid the creditor executes a release of their interest in the property. A conveyance to yourself would be null and void because there would be, in legal terms, a merger of title. You cannot convey to yourself what you already own. There would be no conveyance.
Are there any places where a person can get christian debt counseling?
"This question truly depends on your location, as telling you a place without knowledge of your area is difficult. However, if you are looking for a place to get christian debt counseling, I would suggest visiting your local church for more information."
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 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.
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.
