If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
If there is a judgment lien on your property in Massachusetts the recorded lien is good for six years. Before the six years expires the creditor can obtain an extension from the court and the extension is good for another six years. The judgment is good for 20 years but it must be updated in the land records as stated above in order to encumber the debtor's real property. As long as the lien is updated you cannot sell or mortgage the property until the lien is paid.
Yes they can.
Yes, a lien can be filed on a piece of real property, regardless of the owner. However, the reason for the lien has to be directly related to the actual owner or the property itself. i.e., if a trust owns a house and I live in the house, and you have a judgement against me, there is no attaching a lien on the house for my debt.
Until the money that is owed is paid.
A judgment lien is good for around 20 years in most jurisdictions. It must be rerecorded every six years in Massachusetts.
If you have a civil judgment or lien against you in South Carolina and you pay you house off, they can not take it directly from you. They may be able to put a lien against it until you pay the debt off.
No. Once a house is built it becomes an intrinsic part of the real estate. If the land has a lien on it the lien holder will get your house.
Yes. Ask the court how to have the lien recorded in the land records. The owner will not be able to sell or mortgage their house until the lien is paid. You should arrange to have the lien recorded ASAP.
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
The laws vary in different states. Generally, if a lien arises as a result of the judgment the lien is effective as soon as the judgment is recorded in the land records. In some states such as Massachusetts, a lien can arise from a probate and family court judgment without its being recorded in the land records. In Massachusetts, title examiners must check the probate and family court records as part of the title examination to determine if any such liens exist.
Yes, there will be a federal tax lien put on your house that is in forclosure. The bank or person that buys your house will have the option to pay that lien off.
You must pay the lien and obtain a release from the creditor. Then the release must be recorded in the land records.
a civil lien can be put on property for nonpayment of any liabilities owed,but only after a judgment from a lawsuit ordered by the judge to pay. you can resolve the lien by paying the judgment in full or filing for bankruptcy. the civil lien will last for 10 years & can be renewed. if lien is in place during ownership of property, lien will be satisfied up sale of house in escrow.