To legally sell a motorcycle with a lien on it, you will need to pay off the lien first. Once the lien is cleared, you can transfer the title to the new owner. It is important to follow the proper procedures to ensure a smooth and legal sale.
Judgment (judgment lien) collection procedures include: *Examinations--you have to come to court and answer questions *Garnishment of bank accounts or wages *Execution on motor vehicles or boats *other procedures that vary from state to state
It is possible for the collection agency to put a lien on your bank account. Before they can do this, they must go through the proper procedures first.
Yes, it is possible for someone to put a lien on a house for $900. The dollar amount of the lien is not dependent on the value of the house. However, the specific laws and procedures for placing a lien may vary depending on the jurisdiction.
It means the debtor believes a lien has no legal effect, usually because the item has no equity or the proper procedures were not followed to perfect the lien. Some liens can be avoided because they would leave less than the exemption the debtor is entitled to.
A Mechanic's Lien is also known as a Construction Lien. Construction Lien rights are available to anyone providing material, labor or services for the improvement or repair of real property. To establish valid lien rights each state has certain procedures such as Preliminary and Warning Notices that must be delivered within specific time periods. If you are not familiar with the lien laws requirements of the state where you are working, it would be prudent to use a company that provides lien law administration or notice service. A Mechanic's Lien is mistaken by many to be a Vehicle Lien. Some states do allow those who tow, store or garage, and repair vehicles (vessels & aircraft) to place a lien on the title and to either ultimately take over the title or auction the vehicle to cover the outstanding debt. Vehicle Liens are complicated by a multitude of actions over a specific time line so it is highly recommended to use a vehicle lien company.
To put a lien on a house in Surrey, BC, you must file a document known as a "Certificate of Lien" with the Land Title and Survey Authority of British Columbia (LTSA). This document should include details such as the amount owed, the property description, and the lien claimant's information. It's advisable to consult with a legal professional to ensure compliance with local laws and procedures. Once filed, the lien will be registered against the property title, notifying potential buyers and lenders of the claim.
You can get a step-by-step set of instructions from an attorney, who is usually required to help you file a lien in a condominium situation. As well, read your governing documents to determine whether or not you have followed all the proper procedures, sent notices, and sent the proper letters required before you can file a lien against a condominium unit owner.
Indiana is a lien theory state.Indiana is a lien theory state.Indiana is a lien theory state.Indiana is a lien theory state.
Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.Mechanic's lien- no.
In most cases a judgment holder can encumber a primary residence with a lien to the extent of the amount of the lien and/or non exempted amount of the property. Generally the homestead exemption protects the property from a forced sale for the debt owed. In addition there are several US states that do not allow the forced sale of a primary residence to satisfy a judgment creditor. Please do not confuse a judgment lien with foreclosure procedures, they are two entirely different matters.
A transfer of lien assigns the lien claimant's position in the lien to another party. A release of lien discharges the lien and makes it not appear on a title policy issued for the property.