Liens

A personal loan is a short and unsecured loan, for a maximum tenure of 5 years, where banks or NBFCs lend money on fixed interest rate to the consumers, without securing the loan by 'collateral'. Unlike other loans, personal loans are granted without safeguarding the loan without anydeposit assets withthe lender. It can be availed for any purpose such as education, marriage, purchase of property or assets, home improvements, investments, or holidays. You can apply for personal loan from any banks like SBI, PNB, etc. Or any NBFCs like Bajaj Finserv as well.

A lien means you owe someone money and they have a claim against your property until the debt is paid. A voluntary lien such as a mortgage can be considered a good thing since you initiated that lien process and benefitted from it by being able to purchase the property with a loan from the bank.

Involuntary liens such as tax liens or judgment liens are not a good thing.

Generally, property tax liens take priority over all other liens no matter when they are filed in the land records. A tax sale would wipe out other liens of record as to the title to the property. However, the HOA could pursue the individual. Their debt is not wiped out.

The government has statutory powers to place liens against property: local, state and federal liens can be recorded without court judgments. A court decree may be required to foreclose on those liens, take possession and sell the property.

Yes

Your home owners association may be requiring you to follow your governing documents.

You can ask for a clarification of the violation for which you are being notified.

Further, read your governing documents so that you understand the process the board can follow when 'curing' a violation.

If you believe that contact from the home owners association is valid 'harassment' -- that you are not in violation of any covenant, condition, regulation, restriction or by-law -- you can involve the police.

If you have funds to pay off the loan balance, you can sell a vehicle with negative equity. Example: you owe $10k on a car, but the best offer you have is $8k. You must be able to payoff the remaining $2k balance of the loan to your lender to fully absolve yourself of the financial obligations as a borrower. Transfering the title is another matter, and you should reference your state laws.

how do you place a lein on some ones home

I believe this is a partial list of super lien states I think there are 20 states but I have yet to find a full list, as of 2008 I knwo this list was current.

· Alabama

· Alaska

· Arizona *

· Colorado

· Connecticut

· District of Columbia

· Florida

· Massachusetts **

· Minnesota

· Nevada

· New Jersey

· New York *

· Pennsylvania

· Rhode Island

· Washington

· West Virginia

* Takes priority of all liens except first mortgage liens

** has priority over all other liens except municipal liens.

Yes. It must be done in conjunction with the court where the original child support order was mandated.

But what if the ex-spouse lives in another state than the one that awarded your your judgment? Can you enforce that judgment in the other state and will that other state allow you to put a lien on the property?

Once a judgment has been granted in any type of case, it can be filed as an abstract judgment against a debtor that lives in a different state. However, the main problem will be trying to get the order enforced in another state. The parent ordered to pay support can appeal under the UIFSA laws and keep the issue and the involved parties can find themselves facing years of litigation. It is not simply a matter of filing an application of enforcement with the N.J. court, receiving a judgment and enforcing the judgment as a lien against the person's property. This is a matter that is best handled by an attorney who is versant in FCCSOA, URESA and UIFSA laws.

No. If you invested in your ex's new business without signing a contract/agreement to pay it back, then you have lost the money forever (bad investment). You would not win in court. If you have the contract and it is signed by your ex, then he is obligated to pay you back.

What they can do is file suit to reclaim the money. Their case is stronger with written proof such as an IOU, but a verbal agreement is also legally binding. If you owe someone money, work out a payment schedule and do the right thing.

Pay off the lien.

Pay off the lien.

Pay off the lien.

Pay off the lien.

Yes they can be ordered open, but it requires a different court order

Avco sold to The Associates Financial Services in December of 1998, and Associates was bought by CifiFinancial Inc. in December 2000. CifiFinancial now operates offices under the name of One Main Financial (2012)

Till the cops evict you.

Yes. The lien created by using your home as security for a loan is called a mortgage.

The types of liens that are common junior liens are mortgages filed after the first, Home equity lines of credit (HELOC), mechanic's liens, back child support payments, property taxes, past due HOA assessments, dues and fees, IRS, court judgments (if they are attached to your property by a judge).

If the first mortgagee successfully forecloses on a property, all liens attached are wiped out except for property taxes, IRS liens, and child support.

Once a mechanic's lien has been filed against a property, it is almost impossible to get a new mortgage. Existing lenders will frequently stop making progress payments, really putting the owner in a bind. The laws relating to mechanic's liens vary widely among the states. In Ohio, homeowners have a paid-in-full defense against liens filed after the payment have been made. The concept of "payment-in-full" may include payment of less than the full contract price if the contractor has abandonded or been properly terminated from the project (termination is a very difficult and uncertain prospect, not for the faint of heart), and it will cost more than the remaining balance due to hire a replacement contractor. In Ohio, this ONLY WORKS ON HOME IMPROVEMENT OR HOME CONSTRUCTION CONTRACTS. Ohio Revised Code 1311.011 provides that if a homeowner has made payment, lien claimants have no lien rights. It goes on to provide that if the homeowner gives notice of payment in full to the lien claimant and the lien claimant does not release the lien within 30 days of the date that the notice was received, the lien claimant will be liable to the homeowner for all of its damages for the failure to release the lien, including attorneys fees. Even with the strictness of this law, it is a bitter pill for unpaid subcontractors and suppliers to swallow. It takes a very forceful negotiator to get most lien claimants, even if they are represented by attorneys to properly and timely release their liens. In Ohio you have another alternative which it to bond off the lien. This involves a lawsuit and, for a homeowner, usually cash deposits with the court in an amount equal to 200% of each lien that is less than $5,000 and 150% of each lien that is $5,000 or more. This bonding process is done by way of a lawsuit. I would recommend hiring a lawyer to do it. I am a past Chair of the American Subcontractors Association Attorneys Council which has given me great contacts across the country. If you would like to find an attorney that can help you do this in your state, please feel free to contact me via email (in my profile). I will be happy to locate an attorney in your state to help you (of course I do NOT charge for that) I have also written some articles for the Builders Exchange Magazine you may find helpful. You may find them at http:/ohiolienlaw.com/bx/resources.php . You may also find it useful to review your state's statutes. Here is a link to Ohio's Mechanic's Lien Statute. http://codes.ohio.gov/orc/1311 . I hope that this helps.

TAX LIENS, JUDGMENTS, BANCKRUPTCIES, COLLECTION ACCOUNTS WILL APPEAR ON YOUR CREDIT REPORT FOR SEVEN YEARS EVEN IF THESE ACCOUNTS WERE PAID IN FULL AND RELEASED.

A Lien is a legal document that is used to support the claim that an individual or a company has financial interest in property, whether it's real estate or personal property. If such a claim is valid, the proceeds of a sale must first go toward settling the claims of the lien before any other money is distributed.

If you have a lien on your vehicle, you can sell it for any amount. The vehicle is still subject to the lien which means that the purchaser can lose the vehicle if the lien holder collects on it.

An innkeeper's lien, also known as a hotel keeper's lien, allows an innkeeper or hotelier to hold personal property that a guest has brought into the inn, hotel, or boarding house, as security for payment for lodgings.

A mechanic's lien is often confused with a New Jersey construction lien. Foreclosure of a construction lien is an action brought in Superior Court by the lienor (the person or company who filed the lien). In the action, the lienor seeks to recover amounts owed for construction services or materials supplied to the owner (or contractor if the lienor is a subcontractor). The "foreclosure" part of the action is an action to foreclose on the property and, if the lienor is successful, forcing of a sale of the property, the funds from which are used to satisfy the lienor's amount due.