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A hospital can petition the court for a judgment on an unpaid hospital bill. If successful they will obtain an execution against the property that will be recorded in the land records. The property cannot be refinanced or sold without paying the lien off. If the lien is substantial the hospital can sieze and sell your property to satisfy the judgment. You should seek the advice of any free legal assistance offered in your community to see what your options are.
You must petition the court for a judgment on an unpaid debt. If you are successful the court will issue a judgment that will empower you to sieze any property to satisfy the debt. In Massachusetts the sheriff has the authority to enforce the judgment.
Yes. If you fail to pay a loan the lender can sue you in court and if successful it can obtain a judgment lien against you.
It depends on the details. If the business was incorporated and the judgment was against the corporation the creditor can only take business property and assets. If you owned the business as individuals then a judgment creditor can take any of your assets to satisfy the judgment: bank accounts, vehicles, boats, equipment, real property, etc.
A Judgment Lien is a lien placed on property by a creditor to recover a certain sum of money granted by a judgment awarded in court. The property can not be sold legally while the lien remains unpaid.
Your answer depends on where the judgement was filed. That authority will give you the answer you seek.
A judgment is a debt that is legally owed by a debtor. It is a court ordered payment demand. An unpaid judgment is a judgment that has not been resolved.
Any judgment, if not satisfied, can be placed as a lien upon your property. Yes. The judgment must be recorded in the land records. If you are the creditor you should check with the court that issued the judgment to inquire about the recording practices in your state. In Massachusetts, a judgment lien is recorded by the sheriff's office.
Yes, it is irrelevant how the property was purchased. If it is titled in the judgment debtor's name a lien can be placed on the property. The exception could be if the judgment debtor is married and does not live in a community property state and the spouse is not a co-judgment debtor.
No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.No. That property was no longer owned by the decedent if it was sold for unpaid property taxes.
An involuntary lien would be a judgment lien by a creditor, a lien for unpaid property taxes or income taxes, a demolition lien, a lien for unpaid common expenses or homeowners association dues or a mechanic's lien. Contrast that with a lien you granted in your property such as a mortgage which would be a voluntary lien.
That's entirely up to the lender. They can pursue it in civil court and obtain a judgment lien that will enable the creditor to seize any property to satisfy the lien. A large lender is more likely to write off a small loan, and your own liability depends on how the company was set up.