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Liens

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

2,139 Questions

Do you have the right to get the car back if you pay the remaining balance?

This site really needs to put a "state" field in the ask a question thread.....it depends on your state. Some states give a certain amount of time to "cure" the repossession after that time is up, they are free to sell the collateral. Check with your state attorney general's office to find out what that time period is in your state. It is called a "Right to Cure".

What form do you need to file to have a lien removed after the debt has been discharged in bankruptcy?

A debtor who wishes to reopen a closed bankruptcy case to remove a lien normally has to first file a Motion to Reopen the bankruptcy case with the Bankruptcy Court. The Bankruptcy Court charges a $155.00 fee to do this (as of today's date, 2/25/05). If the debtor hired a lawyer to do this for him or her (highly advisable) then there will also normally be attorneys fees that the debtor has to pay as well. Once the case is reopened by the Court, the debtor (or more likely his or her attorney) then has to file a Motion to Avoid Judgment Lien pursuant to 11 U.S.C. 522(f)(1). It should be noted that NOT all judgment liens can be avoided by 522(f), only those that "impair an exemption of the debtor" pursuant to 11 U.S.C. 522(f)(2). One should speak to attorney about this. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.

Can tax liens be dismissed under Chapter 7 or Chapter 13?

Even if you discharge a tax debt in a bankruptcy (which can be done in limited circumstances), the lien associated with that debt is not released by bankruptcy proceedings.

The result is that you may come out of bankruptcy with no tax liability, but there may still be a lien on your property. That lien attaches to any equity in your assets that existed prior to the bankruptcy and was exempted in the bankruptcy.

For example, if you owned your house and filed bankruptcy with $20,000 of equity in your home, you may have been able to exempt that equity in the bankruptcy through a homestead exemption (so that you could keep your home). If that happened, after your bankruptcy was discharged the IRS would still have a lien against you that attaches to that $20,000 of equity (but not to any equity that accrues after the bankruptcy filing).

How do you sell yourself on a resume?

Here's are some quick tips from the Federal Citizen Information Center:

  • Good resumes show how your qualifications fit the requirements of the jobs you apply for.
  • Most occupations require abilities like reliability, teamwork, and communication.
  • Good objective statements focus on the employer's needs.
  • Nonwork activities add experience to your resume.
  • Tailor your resume for each occupation or job of interest.
  • Use action phrases, not complete sentences.
  • Highlight specific achievements.
  • Include quantifiable results where possible.
  • Identify increases in responsibility.
  • Mention special work related skills.
  • Identify coursework relating to the employer's needs.
  • Chronological resumes organize your experience around the jobs you have held.
  • Functional resumes emphasize skills rather than employment history.
  • Sprinkle your resume with language found in the position description.
  • Use a laser printer and keep the font size at 10 points or above.
  • Avoid mistakes by having several people proofread for you.

The following is an example; maybe it can help you:

 "I greatly appreciated your taking the time to read my self-recommendation letter. My name is Yu Ting, and I am majoring in English. I will graduate from Neijiang Teachers' college in June 2006.

  'Only after polishing will the sword be sharp; only after suffering severe winter, will the plum blossom be fragrant.' After four years' hard study, I now possess the ability to be a qualified graduate.

  Four years of hard work arms me with solid specialized knowledge. I have now mastered the basic English skills in : listening, speaking, reading, writing and translation; and I also have a good knowledge of grammar, phoneticsand linguistics. Moreover,extensive reading has broadened my mind. It acquainted me with western countries' cultures and customs. Hard work has also rewared me with high scores in my examinations.

  With a perfect mastery of this specialized knowledge, I have also developed myself in an all-round way. I have been paying special attention to fostering my managerial ability, coordinating ability and cooperating ability. So I have done many jobs in my college life,such as working as a branch secretary of the group,as an English teacher of Jianming English Training School,and as a salesman. I have not only done a good job but also have learned a lot from such experiences.

  Additionally, my self-confidence, industry, and enthusiasm pave the way for conquering the difficulties which would occur in future work.

  My attributes have prepared me to make an immediate contribution to your company. Your trust and my ability will enable us to create a new marvel together. I welcome the opportunity to meet with you to further discuss my qualifications and your needs. Thanks for your time and consideration. "

Creating a good resume is one of the most important tasks. Your main goal is to make it attractive to an employers' eyes like a beautiful woman's online profile. I has to be so well-organized and in such logically order that employers would think you are the best fit.

How do you remove a lien after 20 years?

Thats a VERY general question. You should contact a local attorney for state specific advice.

Where can you find contact information for Sunstar Acceptance Corp?

kim, I looked for 10 mins, best I could find is their portfolio bought out in 1998 by "Norwest Financial Inc. agreed to acquire about $375 million in sales finance auto contracts from SunStar Acceptance Corp. The approximate 46,000 acquired accounts will be managed by Community Credit Co. and Fidelity Financial Services Inc., both based in Edina." and one that says "they closed due to corp. downsizing in 1997." Email me if you need more info.

How do you put a lien on a vehicle?

how can i put a lien on a motor vehicle for a loan that was put out and no payment made yet on the personal loan

Can you sell your financed vehicle to the lien holder for the expected value and pay off the remaining balance if needed?

Erin, congratulations on NOT wanting to get involved in a repo. Sell it to a lender?? PORBABLY NOT. Lenders want money NOT cars. But, you DO want to sell it if possible. Try to find a buyer at the highest possible price. Lets say your payoff is 10K and your best offer is 7 K. $3000 difference. BORROW the 3K,sell for 7K and pay off the loan. Great credit. Still have a loan for 3K that is much cheaper than 10K, NO collectors calling daily and great credit. You save yrs. of INTEREST on a judgement, hours of phone calls from collectors ect. I promise that if you even try to sell the car yourself, you will get MORE for it than if the Lender sells it at auction. Goo thinking and Good Luck

Can a home inspector place a lien on a house you do not own?

If the persons living on the property are the ones who owe for the inspection but are not the owners, no. The person owed does however, have other options for collecting the debt.

No. If you owe the debt the home inspector cannot place a lien on property you don't own.

Can collection agency put a lien on your bank account in sc?

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.

How do you prepare chard?

To prepare, rinse chard under cold running water. Do not soak chard, as this will result in the loss of water-soluble nutrients to the water. Remove any area of the leaves that may be brown, slimy, or have holes. Stack the leaves and slice into 1-inch slices until you reach the stems. Cut stems into 1/2-inch slices, discarding the bottom 1-inch portion.

To cook chard:

  • Steam chard in a steamer. Add thick ribs to the steamer a few minutes before the green parts of the leaves. The leaves will cook in 1 to 2 minutes.
  • Steam chard with thin ribs whole in the microwave with the water that remains on its leaves after washing. This should take 1 to 2 minutes. Microwaves vary in intensity, so be sure to check your chard frequently until you have determined how long it takes to cook in your microwave.
  • Saute chard over medium heat until it is tender. This should only take a few minutes. Chard can also be sauteed in a little olive oil with garlic.
  • If you have problems with oxalic acid, you can boil chard to free up acids and allow them to leach into the boiling water; this brings out a sweeter taste from the chard. Discard the boiling water after cooking; do not drink it or use it for stock because of its acid content. Use a large pot (3 quart) with lots of water and bring to a rapid boil. Add chard to the boiling water. If stems are more than 1-inch wide, cook them for 2 minutes before adding the leaves. If less than 1 inch in width you can boil the leaves and stems together for 3 minutes. Begin timing as soon as you place the chard in the pot if you are using 1 pound or less of chard. If you are cooking large quantities of chard bring the water back to a boil before beginning timing the 3 minutes. Do not cover the pot when cooking chard. Leaving the pot uncovered helps to release more of the acids with the rising steam.
  • Add chard to soups or casseroles.
  • Use chard in place of or in addition to spinach when preparing lasagna.
  • Toss penne pasta with lemon juice, garlic, and cooked chard.
  • Add cooked chard to scrambles and frittatas.

How to find liens on real estate?

Visit your local land records office and search through the land records for the owner of the property you are interested in. There should be a clerk who can help you get started.

How do you find out who has a lien on your vehicle?

Go to the DMV (Department of Motor Vehicles) and have them run a lien check on the vehicle.

WHAT DO YOU MEAN; BANK LIEN OR MECHANICS LIEN?

autolienservice.com

Can a credit card issuer access a personal checking account to pay an account that has been written off?

If there is a valid judgment against the account holder, the judgment creditor can levy the bank account to recover the monies owed according to the terms of the judgment and the laws of the state in which the account is held.