answersLogoWhite

0

Liens

The right of a creditor to sell collateral property when a debtor defaults on their loan

2,139 Questions

What does the judgment is stayed pending defendants settlement payment at which time this judgment will be deemed fully satisfied mean and will the judgment be physically filed?

This means that the defendants have an opportunity to make payment before the judgement is to be satisfied by the court officers. The person who lost the suit can pay before the judgement before their property starts being forfeited to settle the debt.

What happens if you sell someone a car and you put a lien on it they owe you money for the vehicle and they porposly damage the vehicle?

You did not mention what type of damage, but i will assume body. Unless you requested for them to put full coverage on the car before the incident, then nothing happens.

How do you pursue a property lien?

For real property the lien must be recorded in the land records. The property cannot be sold or refinanced until the lien is paid. If you want to take possession of the property you should consult with the sheriff or an attorney who specializes in representing creditors.

For real property the lien must be recorded in the land records. The property cannot be sold or refinanced until the lien is paid. If you want to take possession of the property you should consult with the sheriff or an attorney who specializes in representing creditors.

For real property the lien must be recorded in the land records. The property cannot be sold or refinanced until the lien is paid. If you want to take possession of the property you should consult with the sheriff or an attorney who specializes in representing creditors.

For real property the lien must be recorded in the land records. The property cannot be sold or refinanced until the lien is paid. If you want to take possession of the property you should consult with the sheriff or an attorney who specializes in representing creditors.

How do you file a claim or lien against a company who did not pay the account payables?

You can't just file a valid lien against a company. You have to have a statutory right to a lien on specific property. Therefore, unless you made improvements to their real estate, or did work on their vehicle, or are their attorney, or provided medical services, the only way you can claim a valid lien is to first sue the company and obtain a judgment. Then the judgment can be a lien against the company's real estate and you can also execute against its assets.

You owe your Mom 10000 and you want to put a lien on your property to insure she will get her money how do you do that?

That's doing it the hard way. Get her to write you a mortgage, for 10,000 the receipt of which is acknowledged. If you don't know when you will be able to pay her, make it a balloon mortgage at a nominal interest rate. Have the mortgage balloon upon any suitable contingency. You might want to make more than one contingency, including your death as one; that way in the event of your sudden demise your heirs would have to pay her one way or another.

Car stolen without car insurance?

You're out of luck--you'll need to come up with the money yourself to get a new car, or a bike.

Is there a statute of limitations on a lien in Florida?

Liens on property recorded as a result of construction on a personal residence will expire one year from the date of recording. That means that the lienor must act to enforce the lien within that period. A homeowner can force the lienor to act more quickly or have the lien dismissed.

If you receive a claim of lien on your property in Florida you should seek the advice of an attorney with experience in construction law right away.

How do you put a judgment against a debtor?

You file a law suit, which means you notify the debtor. They may pay up rather than hire an attorney and going to court. If they don't, then you go to court. If they don't show up, you get a Default Judgement. If they do, the case is heard and the judge will issue a Judgement (presumably in your favor, if you have the debt properly documented).

You can then serve the judgment on the debtor to collect the amount. The judgment can be used to put a lien on property, garnish wages and other means of collection.

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.

Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.


When your board decides to file a formal lien, they are taking one of several steps they are entitled to take to collect the debt, including selling your condominium.


(When you don't pay your assessments, you ask your neighbors to pay your bills.)


It's a good idea to pay your assessments each month.

Can repo company attach a lien on real property?

State laws vary but generally, a creditor can sue the debtor in court for any deficiency after the repossession and if successful can obtain a judgment. The creditor can then request a judgment lien from the court and once recorded in the land records the lien will attach to the debtor's real estate.

Can an oil supplier file a mechanics lien on your property in the State of New York?

If by oil supplier you mean the company that delivers heating oil then the answer is probably no. If a heating oil customer owes you money you would need to seek a money judgment in civil court. § 3. Mechanic's lien on real property A contractor, subcontractor, laborer, materialman, landscape gardener, nurseryman or person or corporation selling fruit or ornamental trees, roses, shrubbery, vines and small fruits, who performs labor or furnishes materials for the improvement of real property with the consent or at the request of the owner thereof, or of his agent, contractor or subcontractor, and any trust fund to which benefits and wage supplements are due or payable for the benefit of such laborers, shall have a lien for the principal and interest, of the value, or the agreed price, of such labor, including benefits and wage supplements due or payable for the benefit of any laborer, or materials upon the real property improved or to be improved and upon such improvement, from the time of filing a notice of such lien as prescribed in this chapter. Where the contract for an improvement is made with a husband or wife and the property belongs to the other or both, the husband or wife contracting shall also be presumed to be the agent of the other, unless such other having knowledge of the improvement shall, within ten days after learning of the contract give the contractor written notice of his or her refusal to consent to the improvement. Within the meaning of the provisions of this chapter, materials actually manufactured for but not delivered to the real property, shall also be deemed to be materials furnished. See the information at the link below for Mechanic's Liens in NY.

What right do repo agents have to go through someone's car?

The law says the lender cant keep your PP so they have to get it out to return it to you. If the lender sold your repoed car with your PP in it it, that would be "conversion" of your property. My car wasn't sold and I did get it back but I don't understand what right they had going through my car and trunk the very first day and leaving my registration and insurance card thrown on the floor. When I asked them about it, they said they were looking for weapons or drugs. Isn't it bad enough that they took my car at 11:50 pm and charged me $35.00 for an entire day of storage on top of the $350.00 repo fee? I feel that this was a violation of my privacy. In most states they are REQUIRED to go through your car, inventory and remove the personal property, and store it in a secure place. Not until your 10 days have past to "redeem" your car if you are in one of those states. In some states, that right to redeem is a "right to cure" period of 20 days BEFORE it is repossessed.

Can a collections attorney put a lien on you for unpaid debt and What can they lien if you own nothing?

Since you chose this category (condominiums , co-ops and home owners associations), it's possible that an attorney found your name on the title to a condominium unit.

It's a good idea for you to contact the attorney and settle the debt, and if necessary, figure out how to clear the title to the condominium unit if its title has been clouded by this lien.

In pa when the house is owned jointly it is part of the estate?

When property is owned as joint tenants with the right of survivorship the property is NOT part of the estate of the first joint owner to die.

Can a collection agency put a lien on your car or home when you returned the rental property over 3 years ago?

A collection agency doesn't have the power to do anything other that aggravate you. They can with the agreement of the original creditor turn your account over to a collection attorney. The answer to your question is NO! For the amount in question it would be a small claims court judgment (if they got one). I assume there was an outstanding balance on the rental They might be able to get a wage or bank account garnishment. But that too is questionable. If anyone from a collection agency has told you they can place a lien against your property. They are in violation of the FDCL and could be fined or sued for their actions.

Can you prevent builders from erecting scaffolding on your property?

I am a scaffolder and you can stop them erecting scaffold on your property and stop them from projecting in to your air space I am a scaffolder and you can stop them erecting scaffold on your property and stop them from projecting in to your air space

If a vehicle has a lien can it be registered by owner?

Yes, you can register a car with a lien on it. Once you turn in that title from the seller with the lien on it when you are registering that lien will be recorded over to the title issued in your name.

The lien has nothing to do with registering a vehicle. It has everything to do with selling a vehicle.

Who can prepare a Writ of Execution?

Anyone. Me. You. Your designated agent. Anyone is permitted to draft up a writ. A judge must sign it though.

How long can your vehicle be in the shop before a lien is placed on it?

I would suggest contacting the owner of the shop and discuss your intentions with him if you have any. If you don't try to work out a plan with him he has no choice but to put a lien on it.

Who pays for tax liens on a Estate inheritance?

There wouldn't normally be liens on the inheritance...but on the assets in the estate, which can't be distributed and become an inheritance until they are settled by the estate.

How is a lien on cattle enforced?

The action that can be taken by the judgment creditor/lien holder would depend upon the laws of the state where the cattle are located. The lien holder can petition the court to order a forced sale of the herd or the portion needed thereof to recover the judgment award or wait until a voluntary sale is made by the debtor.

How do you go about putting a lien on property for a debt without the owners consent?

File a lawsuit in the appropriate court in the city or county where the debtor owns property.