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No, a Lien holders "Single Interest" insurance policy, only covers the lien holders interest in the property, not the interest of the previous owner or foreclosed buyer.
When a lien holder places it's own policy on a foreclosed or otherwise uninsured home it means that the buyer chose not to have insurance. The Lien Holder has placed the coverage to protect it's own interest. This type of policy is also referred to as "Single Interest Policy".
What else can I help you with?
If your mom died and left unpaid bills would you have to pay them?
No - you are not liable for their debts
Who is unpaid seller?
unpaid seller is the person who gives the goods to his costomer on credit & keep the balance due, exchange of bills on some condition keeps due.
Can you be sued by your credit card company for not paying your bill?
Yes, the agreement includes their ability to sue you for unpaid bills.
How does a home get repossessed?
A home can get repossessed in many ways, the most common reason is that they owner of the house has not payed the bank the loan that they took out so as to by the house, or that the person hasn't pay many bills so they take the equivalent of the unpaid bills.
Does an unpaid medical bill look bad on your credit report Since it was an emergency?
Yes ... the credit bureau only "sees" unpaid debt ... it does not determine who is owed or how the unpaid debt was incurred. You should be writing to the credit bureau's and explain the situation - they may drop the reported unpaid bill, but will not forgive the debt still owed ... that still needs to be paid back to the medical institution as soon as possible, as they are a business and rely upon money (income) to pay their bills and staff.
In the death of a spouse who is resonsible for unpaid medical bills after the insurance has been paid?
The remaining spouse or executor of the deceased's will.
Can you lose your house to settle unpaid medical bills?
Yes. That's why Insurance is a good idea. Even if you get Medicaid, at death they can get your house.
Can you get arrested for unpaid medical bills?
NO
Is your husband legally responsible for your unpaid medical bills if he is the primary insured?
Yes, it is the responsibility of the primary insurance holder. The admission papers are also likely to have specified this.
Can you 401K be taken for unpaid medical bills?
No
Can you enter Croatia with unpaid medical bills?
no!!
Who is responsible for deceased fathers unpaid medical bills?
Unless he had insurance to cover bills in the case of his death, the creditors will be looking to the heirs of his estate to pay them. The issue will more than likely be presented by his creditors in the Probate court.
How do you know if you have unpaid medical bills.is there a website out there that i can go to to find out where the bills that are unpaid are?
i have 2 medical bills on my credit and i need to know what they are and i have the account numbers where do i look/
Have your parents, as unpaid visitors in the US, incurred any unexpected medical bills?
No, my parents, as unpaid visitors in the US, have not incurred any unexpected medical bills.
Can one go to jail for unpaid medical bills?
No. There are many adverse consequences of unpaid medical bills, including lawsuits and wage garnishment, only noncustodial parents paying child support can be jailed for unpaid medical bills in America.
Can your wages be garnished for unpaid medical bills in Missouri?
no
Can unpaid medical bills be reported on credit reports?
Yes, unpaid medical bills will be reported to credit bureaus not to mention the collection agency that the medical facility will pursue.
