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Liens

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

2,139 Questions

What happens if you get a judgment against a general contractor who's business is incorporate and he doesn't pay?

If you obtain a judgment against a general contractor whose business is incorporated and they fail to pay, you may seek to enforce the judgment through various means, such as wage garnishment or bank levies, but your options may be limited since the corporation is a separate legal entity. You typically cannot pursue the owner's personal assets unless you can prove personal liability, such as fraud or failure to maintain corporate formalities. It's advisable to consult with a legal professional to explore your specific enforcement options and understand the implications of the contractor's corporate status.

If you place a mechanics lien on someones property can you add on interest?

Yes, when you place a mechanics lien on someone's property, you can typically include interest on the amount owed, provided that the underlying agreement or contract allows for it. The interest calculation should follow the terms specified in the contract or any applicable state laws regarding mechanics liens. It's important to check local regulations, as they may have specific requirements for interest rates and how they can be applied.

Can medicaid place a lien on a farm corporation?

Yes, Medicaid can place a lien on a farm corporation if the corporation has received benefits from Medicaid and there are outstanding claims for repayment. This typically occurs in cases where the corporation's assets are used for the benefit of a Medicaid recipient. However, the specific rules regarding liens can vary by state, so it's essential to consult local regulations and legal counsel for detailed guidance.

What is the lien filing process in Pennsylvania?

In Pennsylvania, the lien filing process begins with the creditor preparing a written statement of the claim, which includes details such as the amount owed and a description of the property involved. This statement must then be filed with the Prothonotary's office in the appropriate county court, along with the required filing fee. Once filed, the creditor must serve notice of the lien to the property owner, often via certified mail. The lien remains in effect until it is satisfied or removed through legal processes.

If a person has a lien on their first house and they are trying to buy a second house can they put a lien on the second house if the title insurance says they have to?

Yes, if the title insurance requires it, a person can place a lien on their second house, even if they already have a lien on their first house. This typically occurs when the lender wants to secure their interest in the new property, especially if the buyer's financial situation is leveraged due to the existing lien. However, the ability to do so also depends on the terms of the existing lien and the specific regulations governing liens in their jurisdiction. It's advisable to consult a legal or real estate professional to understand the implications and requirements fully.

Ally financial What is the overnight address?

The overnight address for Ally Financial is typically used for sending important documents or payments. However, the specific address can vary based on the type of correspondence. It's best to check Ally Financial's official website or contact their customer service for the most accurate and up-to-date overnight address for your specific needs.

Who owns quantum auto group?

Quantum Auto Group is owned by Quantum Group, a company that specializes in automotive retail and services. The group operates several dealerships and is involved in various aspects of the automotive industry. For specific ownership details or changes, it's advisable to check the latest corporate filings or company announcements.

If my home has a declaration of homestead on title does this protect my home from liens?

A declaration of homestead can offer some protection against certain types of liens, particularly those related to unsecured debts, by designating your home as your primary residence and protecting it from forced sale to satisfy those debts. However, it generally does not protect against all liens, such as mortgage liens, tax liens, or mechanics' liens. It's important to understand the specific laws in your state, as protections can vary significantly. Consulting a legal expert can provide clarity on your situation.

How long will negative information concerning unpaid tax liens be kept in your?

Negative information regarding unpaid tax liens can typically remain on your credit report for up to seven years from the date of the lien, even if it is paid. However, the specific duration may vary based on individual circumstances and state laws. It's important to check with your credit reporting agency for the most accurate information regarding your situation.

How do I get a lien release. my van has been paid off for several years?

To obtain a lien release for your paid-off van, first contact the lender or financial institution that held the lien. Request a formal lien release document, which may be provided electronically or by mail. You may need to provide proof of payment, such as a loan payoff statement or title. Once you receive the release, ensure to file it with your local Department of Motor Vehicles (DMV) to clear the title.

Can a bank hold check if it was deposited after the lien was put on the account?

Yes, a bank can hold a check if it was deposited after a lien was placed on the account. The lien typically allows the bank to restrict access to funds in order to satisfy a debt or obligation. Therefore, any deposits made after the lien is established may be subject to hold or restriction until the lien is resolved.

Who do you contact in Lawrencevill Georgia to have your home placed into the section 8 program?

To have your home placed into the Section 8 program in Lawrenceville, Georgia, you should contact the Gwinnett County Housing Authority. They oversee the administration of the Section 8 program in the area. You can visit their website or call their office for specific information on the application process and eligibility requirements. Additionally, ensure you have all necessary documentation ready for your inquiry.

HOW TO OBTAIN AUTHORIZATION TO PAYOFF MOTORCYCLE?

To obtain authorization to pay off a motorcycle, start by contacting your lender or financing company to request a payoff quote. This quote will provide the total amount needed to settle the loan, including any fees. Once you have the quote, follow your lender's instructions, which may involve submitting a written request or completing specific forms. After receiving the necessary approval, you can proceed with the payment to clear the loan.

Who is owner of the property of wife signed pro forma to perfect lien only?

The owner of the property is typically the individual or entity that holds the title to the property, even if the wife signed a pro forma document to perfect a lien. The pro forma is usually a formal acknowledgment or agreement that does not transfer ownership but may secure a creditor's interest in the property. If there are specific legal considerations or agreements in place, those would need to be reviewed to determine the exact ownership and rights associated with the property.

What is Right of lien examples?

The right of lien is a legal claim or right that allows a creditor to retain possession of a debtor's property until a debt owed by the debtor is satisfied. Common examples include a mechanic's lien, where a mechanic can retain a vehicle until the repair costs are paid, and a landlord’s lien, where a landlord may retain a tenant's personal property for unpaid rent. Additionally, a bank may have a lien on a mortgaged property, allowing it to reclaim the property in case of default on the loan.

How do you file a lien in bc?

To file a lien in British Columbia, you must complete a Form 1 - Claim of Lien and ensure it is signed. The completed form should be filed with the Land Title and Survey Authority of British Columbia (LTSA) along with the required fee. It's important to file the lien within 45 days of the last supply of materials or services to the property. Additionally, ensure you serve a copy of the filed lien to the property owner and any other relevant parties.

How do you liabilitised subcontractor?

To "liabilitise" a subcontractor typically involves formalizing the subcontractor's responsibilities and obligations within a contract. This includes clearly defining the scope of work, deliverables, and timelines, along with specifying liability clauses that outline accountability for any damages or losses incurred. Additionally, it's important to include indemnification provisions to protect the primary contractor from potential claims arising from the subcontractor's actions. Proper insurance coverage should also be mandated to ensure adequate financial protection for all parties involved.

What does its mean on a lien waiver?

In the context of a lien waiver, "its" typically refers to the entity or individual that is granting the waiver. A lien waiver is a legal document in which a contractor, subcontractor, or supplier relinquishes their right to file a lien against a property, often in exchange for payment. The term "its" signifies the party's acknowledgment of the waiver's terms and conditions, indicating their agreement to forgo any claims against the property related to unpaid work or materials.

If you win a judgment against a former employer in a labor hearing how long is it before you get or see payment provided there is no appeal?

If you win a judgment against a former employer in a labor hearing and there is no appeal, the timeframe for receiving payment can vary by jurisdiction. Typically, the employer is required to pay the judgment within a specified period, often ranging from 30 to 60 days. However, if the employer fails to comply, you may need to take additional legal steps to enforce the judgment, which could extend the timeline for receiving payment. Always check local laws for specific regulations regarding judgment enforcement.

What is a administrative lien?

An administrative lien is a legal claim placed by a government agency on a property or asset to secure payment for debts owed to the agency, such as unpaid taxes, fines, or fees. This lien gives the agency the right to collect the owed amount, often through the sale of the property if the debt remains unpaid. Administrative liens can affect the property's title and may hinder the owner's ability to sell or refinance the asset until the lien is resolved.

Where to live in Hillsborough county without paying for homeowner association fees?

  • Consider older neighborhoods, rural areas, or mobile home parks in Hillsborough County.
  • Explore East Hillsborough (Thonotosassa, Dover, Plant City), North Hillsborough (Lutz, Wesley Chapel), and South Hillsborough (Ruskin, Apollo Beach).
  • Use online platforms like Zillow, Realtor[dot]com, and Homes[dot]com with "no HOA fees" filter for specific options.

How do you get a lien release from GE money bank in St paul MN?

I asking you get lein off of our 2005 wilderness trailer. That we bought in 2005. our trailer has been completely paid off for long time. i would like our pink slip. thank you

Here is our names it’s under

Terry Schober, Donna Schober

1195 Phillips Court, Santa Clara California 9505

How do you obtain a lien release document from American general finance?

Well honey, if you want to get your hands on a lien release document from American General Finance, you better pick up that phone of yours and give them a call. Ask them nicely for the document and follow their instructions to get it sorted. Don't be afraid to be persistent, these things can sometimes take a bit of poking and prodding. Good luck, you got this!

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 does remand to file mean in the state of Mississippi?

Well, honey, in Mississippi, when a case is remanded to file, it basically means it's put on hold or postponed indefinitely. It's like putting that case in a time-out corner until someone decides to dust it off and deal with it. So, don't hold your breath for any action anytime soon.

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