I will answer the 1st part of the question "What is a deficiency judgment tied to property".A deficiency balance is whatever is left of a loan when the security has been sold--such as a repoed car is sold for less than the loan amount plus repo costs, storage, title & taxes, the balance remaining on the loan after applying what the car sold for is a deficit balance.A judgment was filed by the lending company to recover whatever money is still due them anda judgment automatically ties to real estate property if the borrower owns a home.
No. A benefit of owning property by survivorship is that the moment one owner dies their interest in the property disappears and the survivor is the sole owner. The creditor is out of luck.
That means the grantee is a trustee who is holding title to the property for the benefit of the beneficiaries of a trust. They do not own the property as an individual.That means the grantee is a trustee who is holding title to the property for the benefit of the beneficiaries of a trust. They do not own the property as an individual.That means the grantee is a trustee who is holding title to the property for the benefit of the beneficiaries of a trust. They do not own the property as an individual.That means the grantee is a trustee who is holding title to the property for the benefit of the beneficiaries of a trust. They do not own the property as an individual.
The power to take personal property to benefit the public is called eminent domain.
If you want to learn about symptoms of Zinc Deficiency, the one person you should be heavily interested in seeing would be a Nutritionist. A Nutritionist would be able to explain every aspect of the symptoms one would experience with a Zinc Deficiency. Also have the benefit of learning how to control it and ending your deficiency.
SS and Veteran benefits are not subject to judgment garnishment for creditor debt. They can be attached if the judgment is awarded in something such as a personal injury suit.
Yes, if it is to the benefit of the estate, for instance such thing as maintaining the estate, utilities for property, property taxes, etc.
Not if the loan is not in your name.
Lien means right on property to keep possession of it till debt due in respect of it is discharged. Thus a Bank has a lien on your property until the ouitstanding mortgage is paid.A lien is a means of "clouding" the title to your property. For example, there are mechanic's liens, tax liens, judgment liens, etc. If you have a lien on your property, that lien must be satisfied before you can reap the benefit of a sale of that property. In other words, you must "clear" the title (by paying sums due or performing) before you can pass that property through sale, etc. A title company can help you with this.
if you want to benefit from increase in property value
The biggest benefit is that you may get lot of help from the neighbours , maintence is also less and is also rental is less
Insurable interest is when a person receives a financial or other type of benefit from the continuous existence of the object that is insured. When dealing with property a person is entitled to insurable interest of the property up to the value of the property but not over the value of the property.
Owning private property allows you to conduct whatever, legal activity, you want. It is a benefit to own private property for a means to conduct your own business, where you want.
The benefit is that regardless of the removal from the CR, the judgment is valid. It is a court order and judges/courts do no like being ignored..if you get my drift.
No. Not unless they can prove the debts were incurred for her benefit.
An aspheterism is the teaching that all property should be in common ownership and no individual should benefit from personal possession.
Yes. Banks reserve the right to freeze funds to wait for checks and other items to clear the account. They often do this when you ask for the account to be closed. They can also do this when they receive an order from a court or other official to garnish the account, such as in the case of a judgment, child support order, tax lien seizure, federal or state-ordered property seizure under drug forfeiture laws, and probate court in the event that you have died without benefit of a will.
Get advice and attend the court or judgment will be given anyway without the judge having the benefit of knowing your circumstances.
If you still own the property, or you control or can revoke the trust, absolutely. If your basically just the trustee of a trust that is holding things to benefit others, probably not.
No, a minor cannot hold title to real estate. The property will go into a trust for the benefit of the minor until they reach the age of majority.
Density is just one property of rock that can be utilized in the discovery of ore deposits.
Each state sets its own requirements, but in general, receiving rent from rental property could be considered "self-employment" and therefore income would be reduced from benefits on a prorated weekly basis, to the extent it was less than the benefit. If it exceeded the benefit, you would not receive it.
Title to real or personal property can be transferred to a trust through its trustee. When transferred to the trustee of the trust it becomes the trust property. The trustee named in the trust instrument then has the sole and absolute authority to manage the property but only according to the provisions of the trust FOR THE BENEFIT OF of the beneficiary. The person who transferred the real estate or personal property (money, stocks, etc.) to the trustee no longer owns the property. It is now the property of the trust.
You can own property while on disability. If you are earning any money from these properties, you should notify your insurance carrier. These earnings may be an offset to your disabiliy benefit, but most likely not.
Winning a lawsuit will have no impact on your ability to file for Chapter 7 bankruptcy. If you are a judgment creditor, the judgment might become an asset of the bankruptcy estate and the bankruptcy trust might choose to sell the judgment or enforce the judgment for the benefit of your creditors.. if someone files bankruptcy on as credit card does that a third party has charged on and the debt is cleared dose the third party continue paying for a debt that is no longer there
Yes, the buyer can get the property for an extremely lower price than what its probably worth.