answersLogoWhite

0

Liens

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

2,139 Questions

Can I file a Writ of Execution on marital property in Virginia for a civil suit judgment?

Yes, you can file a Writ of Execution on marital property in Virginia to enforce a civil suit judgment. However, it's important to note that Virginia law may protect certain marital property from execution, especially if it is jointly owned or if there are exemptions that apply. You should consult with a legal professional to ensure compliance with state laws and to determine the best course of action for your specific situation.

Need a lien release from onyx acceptance?

In Sept of 2001 we puechased a 2002 Ford Explorer from Bonzana Ford in Spokane Wa. It has long since been paid off but the lien was never released. The payments went to Onyx Acceptance Corp, PO Box 7001, RSM CA 92688.

What do I have to do for the release of this lien?

What is ITS on a Lien Waiver Contract?

ITS on a lien waiver contract typically refers to "Integrated Technology Solutions." In the context of lien waivers, it may involve digital platforms or software that streamline the process of managing and executing lien waivers electronically. These solutions enhance efficiency, reduce paperwork, and improve tracking and compliance in construction projects. Overall, ITS can facilitate better communication and documentation among contractors, subcontractors, and property owners.

In Colorado Can the bank garnish your wages in a car repo?

In Colorado, a bank typically cannot directly garnish your wages for a car repossession. However, if the bank repossesses your vehicle and you still owe a deficiency balance (the difference between what you owe on the loan and what the car sells for), they may sue you for that amount. If they obtain a judgment against you in court, they can then seek to garnish your wages to collect the debt. It's advisable to consult with a legal expert for specific guidance on your situation.

Can other creditors lien over IRS?

Yes, other creditors can place liens on a debtor's property, but these liens often come after the IRS lien, which is typically given priority. The IRS has a special status under federal law, meaning its liens take precedence over most other creditors' claims. However, if a creditor records their lien before the IRS files its lien, that creditor may have a superior claim to the property. Overall, the order of lien filings and the type of debt determine the priority among creditors.

How do you fill out a partial lien waver?

To fill out a partial lien waiver, first, identify the specific project, contract details, and the parties involved. Clearly state the amount being waived and ensure it corresponds to the payment received or to be received. Include the date, your name, and your signature, confirming that you relinquish your lien rights for the stated amount. Finally, make sure to provide any necessary attachments, such as invoices or payment records, to support the waiver.

What is Address for lien Capital One auto?

The address for lien-related correspondence for Capital One Auto is typically the same as their customer service address, which can vary by state. It is advisable to check your specific loan documentation or visit the Capital One website for the most accurate and up-to-date information. Additionally, contacting Capital One customer service directly can provide you with the correct address for lien releases or other lien-related inquiries.

How can I get a Lien Release from Arcadia Financial?

To obtain a lien release from Arcadia Financial, first ensure that your loan or obligation has been fully paid off. Contact their customer service directly, providing your account details and requesting the lien release. You may need to submit a formal written request or complete specific forms, so be prepared to follow their instructions. Once processed, they will send you the lien release document, which you should keep for your records.

Can you negotiate a settlement on a state tax lien?

Yes, in many cases you can negotiate a settlement on a state tax lien through payment plans, offers in compromise, or by showing financial hardship. Each state has its own rules and procedures for resolving liens. Partnering with professionals like Better Tax Relief can help you navigate state requirements and secure the best possible settlement for your situation.

Can a individual be a lien holder on an automobile?

Yes, an individual can be a lien holder on an automobile if they have provided financing to the vehicle owner. This typically occurs when someone loans money to purchase the car and retains a legal claim (lien) on the vehicle until the loan is repaid. The lien holder's interest must be recorded with the appropriate state authority, such as the Department of Motor Vehicles (DMV), to ensure their rights are protected.

How much does it cost to put a lien on a business?

The cost to put a lien on a business varies by state and the specific type of lien being filed, but it generally ranges from $50 to several hundred dollars in filing fees. Additional costs may include attorney fees, if legal assistance is required, and any associated administrative costs. It's important to check with local government offices or legal advisors for precise fees and requirements in your jurisdiction.

How do you remove a lien that was placed when the deed is in someones Else's name?

To remove a lien placed on a property whose deed is in someone else's name, you typically need to contact the lienholder to discuss the circumstances. If you have a legitimate claim to the property, such as through a contract or agreement, you may need to provide documentation to support your case. If negotiations fail, legal action might be necessary to resolve the issue, which could involve filing a lawsuit to challenge the lien's validity. Consulting with a real estate attorney can provide guidance tailored to your specific situation.

What does it mean when IRS puts lien on home?

When the IRS places a lien on a home, it means the government has a legal claim against the property due to the owner's unpaid federal taxes. This lien serves as a public notice that the IRS has a right to the property if the tax debt is not resolved, potentially complicating the sale or refinancing of the home. It can also affect the homeowner's credit score and financial standing. To remove the lien, the homeowner must pay the tax debt or negotiate a settlement with the IRS.

Can you quitclaim your property even if you have a judgment against you?

Yes, you can quitclaim your property even if you have a judgment against you. However, it's important to note that while the quitclaim deed transfers your ownership interest in the property to another party, it does not eliminate the judgment itself. The judgment may still attach to the property, meaning the creditor could pursue the property to satisfy the debt. It's advisable to consult with a legal professional to understand the implications fully.

How do you qualify for a homestead exemption in Texas?

To qualify for a homestead exemption in Texas, you must own the property and use it as your primary residence. Additionally, you must be a resident of Texas and must apply for the exemption with your local appraisal district by the deadline, usually by April 30 of the tax year. Certain exemptions may also require you to meet specific criteria, such as age or disability status. Providing appropriate documentation, such as proof of ownership and identification, is also necessary.

What does liens to be divested mean?

"Liens to be divested" refers to the process of removing or eliminating legal claims or encumbrances on a property or asset. This typically occurs when a debt is paid off, or a court orders the removal of the lien, allowing the owner to have clear title and full rights to the property. Divesting liens is crucial for property transactions, as it ensures that the new owner is free from previous financial obligations tied to the asset.

What if ford motor credits lien holder address?

If Ford Motor Credit's lien holder address is incorrect or outdated, it can lead to issues in communication regarding payments, account status, and loan servicing. Borrowers should promptly update their contact information with Ford Motor Credit to ensure they receive important notices and documents. It's also advisable to verify the correct address through official channels to avoid any potential complications with the loan. If discrepancies arise, reaching out to customer service for clarification is recommended.

How long does dealership have until they satisfy lien on traded vehicle in North Carolina?

In North Carolina, a dealership has 20 days to satisfy the lien on a traded vehicle after the transaction is completed. This requirement ensures that the dealership properly pays off any existing liens associated with the vehicle before transferring ownership. Failure to do so can lead to legal complications and potential liability for the dealership.

Can I tear down and rebuild my house if a mortgage company still holds a lien on the house?

Yes, you can tear down and rebuild your house even if a mortgage company holds a lien on it, but you must obtain permission from the lender first. The mortgage agreement typically includes clauses that restrict significant alterations to the property. It's essential to communicate your plans with the mortgage company to ensure compliance and avoid potential legal issues. Additionally, you may need to consider how the rebuild will affect your mortgage terms.

How do you put a lien on a Virginia car title?

To put a lien on a Virginia car title, the lienholder must complete a Virginia Title Application form (VSA 17A) and provide the necessary information about the vehicle and the lienholder. The completed form, along with the current title and any required fees, should be submitted to the Virginia Department of Motor Vehicles (DMV). Once processed, the DMV will issue a new title reflecting the lien. It's important to ensure that all documentation is accurate to avoid delays.

In utah how much can a garnishment take?

In Utah, wage garnishment can take up to 25% of an individual's disposable income, which is the amount left after mandatory deductions such as taxes and Social Security. However, if the garnishment is for child support, the amount can be higher, up to 50% of disposable income. Additionally, Utah law provides certain exemptions and protections for low-income individuals, ensuring that a portion of their income remains untouched. It's advisable to consult with a legal professional for specific cases and details.

What is the Texas law about homestead of home and property?

Texas homestead law provides protection for a homeowner's primary residence from forced sale by creditors, ensuring that individuals cannot lose their homes to creditors in most situations. Additionally, it allows homeowners to exempt a certain amount of property value from taxation. The homestead exemption also affords protections against foreclosure, provided the property is used as a residence. To qualify, the homeowner must file for the exemption with their local appraisal district.

How do you put a lien on someone's house In Ontario?

To put a lien on someone's house in Ontario, you must first obtain a court judgment against the property owner. After securing the judgment, you can register a "Certificate of Judgment" at the local land registry office, which effectively creates a lien on the property. This will ensure that the debt is secured against the property, and it may affect the owner's ability to sell or refinance the home until the lien is resolved. It's advisable to consult with a legal professional for guidance throughout this process.

Is A spouse who signs lien pro forms an owner?

A spouse who signs a lien pro forma does not automatically become an owner of the property. The lien pro forma is typically a document that acknowledges a financial obligation rather than a transfer of ownership. Ownership is determined by the title and deed of the property, which must be legally recorded. Therefore, unless the spouse's name is added to the title, they do not hold ownership rights.

What is an express mechanics lien?

An express mechanics lien is a legal claim against a property that ensures payment for labor or materials provided during construction or renovation. It is typically filed by contractors, subcontractors, or suppliers who have not been paid for their work. This lien gives them a secure interest in the property, allowing them to seek payment through foreclosure if necessary. The express mechanics lien must be properly executed and filed within specific time frames to be enforceable.