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What else can I help you with?
How do you collect a lien on property not worth as much as the lien?
In order to collect on the lien, you will need to see a real estate attorney and have the lien foreclosed. In some states, deficiency judgments are allowed (meaning that if the property is worth less than the lien, then any unsatisfied portion of the foreclosure judgment could be executed on other property of the defendants). See the phone book for real estate attorneys who give "free consultations."
Lien on property in which the debtor filed a Chapter 7 and listed the debt incorrect The lien is still valid but the title co and the lender refuse to acknowledge it How can you collect the money owed?
No.
Can you get a lien on your Homesteaded property in Florida?
Yes, you can get a lien on your homesteaded property in Florida. A court will put a lien on the property if money is owed in a judgement.
How long can a lien last on a property in Missouri?
A lien can be placed on a property in the United States when a person owes a creditor a sum of money. In the state of Missouri, a lien can be on the property for ten years.
How do you collect monies owed to a business by a contractor for work you performed on a property?
Place a lien on the property,house,etc. You will have to go to the courthouse where the property is and file a lien against the person(s) who owes the money. If it's a house,building,etc. the property cannot be sold until the lien is solved. It varies by state so check with your local courthouse.
What is a construction pre-lien?
What a "Pre-Lien" is depends upon the state. It can be a Preliminary Lien Notice that notifies the owner(s), lender(s) and primary contractor that you have been contracted to provide material, labor or services for the improvement of real property and will ultimately look to local lien laws to collect your money, should it be required. Some states only require a Warning Notice be delivered prior to the lien being recorded. These notices warn that you have not been paid for work and will be liening the property within a specific time period.
What is a pre-lien?
What a "Pre-Lien" is depends upon the state. It can be a Preliminary Lien Notice that notifies the owner(s), lender(s) and primary contractor that you have been contracted to provide material, labor or services for the improvement of real property and will ultimately look to local lien laws to collect your money, should it be required. Some states only require a Warning Notice be delivered prior to the lien being recorded. These notices warn that you have not been paid for work and will be liening the property within a specific time period.
Can Property be Taken if you owe Child Support?
If you owe child support, the custodial parent can place a lien on your property. A custodial parent who is owed child support can place a lien on your property. A lien is a notice that tells the world that there are claims against you for money
What is the purpose of a lien being placed against real property?
A lien prevents the property from being sold without paying off the creditor. After a certain period of time, it is possible to foreclose on the property, sell it, and collect the amount of the lien, the balance going to the property owner or other creditors.
What is a Income Tax Lien?
This is when a lien is placed upon the property of a taxpayer in order to collect an amount owed to the Internal Revenue Service. The IRS can place a lien on bank accounts, real and intangible property, and can seize 55% of your gross income.
Judgment liens are what type of lien?
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.
Can a lien be placed on your property if divorce papers states you owe a sum of money to your X.The money owed is from another property that was acquired during the divorce but will be sold w no gain?
Yes, a lien can be placed on your property if a divorce decree stipulates that you owe a sum of money to your ex-spouse. Even if the money owed is related to another property being sold at no gain, the court's order is enforceable, and your ex could seek a lien to secure the debt. It's essential to consult with a legal professional to understand your specific situation and explore options for resolving the debt.
