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Yes. Prior liens must be paid off before you take title to the vehicle.
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No, the judgment is a court order and must be paid in full or to the satisfaction of the judgment holder.
First, it is the legal responsibility of the person who has possession of the property of the decedent to pay their legal debts. If the decedent owes income taxes at the time of death, those must be paid if there are any assets. The debts must be paid before any assets can be distributed to the heirs. The IRS can file a lien against a delinquent tax payer and the lien is good for 10 years.First, it is the legal responsibility of the person who has possession of the property of the decedent to pay their legal debts. If the decedent owes income taxes at the time of death, those must be paid if there are any assets. The debts must be paid before any assets can be distributed to the heirs. The IRS can file a lien against a delinquent tax payer and the lien is good for 10 years.First, it is the legal responsibility of the person who has possession of the property of the decedent to pay their legal debts. If the decedent owes income taxes at the time of death, those must be paid if there are any assets. The debts must be paid before any assets can be distributed to the heirs. The IRS can file a lien against a delinquent tax payer and the lien is good for 10 years.First, it is the legal responsibility of the person who has possession of the property of the decedent to pay their legal debts. If the decedent owes income taxes at the time of death, those must be paid if there are any assets. The debts must be paid before any assets can be distributed to the heirs. The IRS can file a lien against a delinquent tax payer and the lien is good for 10 years.
Any corporation can file for bankruptcy, whether or not it owes taxes. If the corporation is to be liquidated, any taxes it owes are the first priority to be paid, before the debts owed to others.
It depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements:must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrowerIt depends on what was written on the IOU. An IOU is an informal declaration that one person owes some money to another. If that's all the writing states then it will not reach the status of a promissory note. A promissory note must meet certain legal requirements: must state the amount borrowed and from whom it was borrowedmust state when it will be paid backor, must state it will be paid back on demandmust be signed by the borrower
Perpetual government debt (to be paid by the next elected party, and so on).
Assuming the student owes the college for attendance in past semesters, the student owes for services already provided. The college does not care where the funda are derived from, it simply wants to be paid.
someone signed a promissory note that owes me money. what is the next step i need to do to get paid?
If someone owes you money but they accidentally paid someone else, then that person still owes you that money. You shouldn't have to do anything about it, since it was not your mistake. The person who made this incorrect payment is free to either ask the person or business entity whom he mistakenly paid to return the money to him, or he can see if the bank would be willing to reverse the transaction.