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Liens

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

2,139 Questions

If you were hired by an individual to hire subcontractors for a large project and are getting paid just like the subcontractors and the owner is paying all of the subcontractors are you liable at all?

As the person being paid to hire subcontractors you are acting as an *agent* for the actions of the workers you hired. Though the owner is paying the subcontractors individually, if you are overseeing their actions you are likely liable for any actions they undertake. This is especially true if the subs pay you any money for having gotten them the work. All that has to be established is that you were paid to get others to do the work.

If I bought a house 1 year ago can someone put a lien on the house against the previous owner?

It may depend on what the debt was for. If the debt was for home improvements, there may be laws that allow them to do so. If the debt was for any other purpose, such as back child support, or a judgment from a lawsuit, and the debtor is no longer on the deed, they cannot put a lien on the home.

Trying to 'trick' the system by selling the house to a spouse or child is not likely to work, either.

Can a levy be executed on married or co-owned property?

Yes. It depends on the details.

Yes. It depends on the details.

Yes. It depends on the details.

Yes. It depends on the details.

How do you put a lien onsomeone's house in NC?

you cant't, a lien is a debt owed not applied.

Are wills subject to liens?

no, a will cannot be subject to a lien, however, the lien holder can go after the estate once the will has been executed.

What is the procedure in South Carolina for putting a lien on a piece of land for a personal debt when the owner of the land is agreeable to the lien?

Go to Office Max or Office Depot and buy the paperwork commonly called a "mechanic's lien". This is a general lien contract and can be modified for your purposes.

I lent 19000 dollars in cash if someone seen me hand that money to the person is it legal?

You will lend me 19000. If i seen you hand that money to the person. so cant i have the money?

You are owed money for rent and personal loans how do you put a lien on personal property?

Liens can only be placed on real property such as a home, business, vehicle. To recover monies owed the creditor must sue the debtor in the appropriate state court in the county in which the debtor resides. (Personal property are things such as income, bonds, stocks, bank accounts, furnishings, etc.) These items are not subject to liens, but are garnished/levied, seized and sold by means of a court ordered judgment.)

How risky is taking a lien on your house?

Please clarify your question. Do you mean taking out a second mortgage or equity line?

What protection do you have after a judgment is placed against you in the state of Illinois?

A petition with exemptions that were applicable to the defendant should have been presented to the court. All states have a set of exemptions that protect specific property from creditor attachment. W/O knowing the state of residency I cannot give a more specific answer. Sorry!

My state is Illinois... I have been served and a court date is set for Judgement day. What protection can I get or do I have being a home owner?

What can be done to stop a person from claiming property that they have inherited via the death of a joint owner but have not contributed to the upkeep of property as agreed by the deceased joint owne?

If the property was held by the decedent and that other person (and others) as joint tenants with the right of survivorship full ownership passed to the other joint tenant(s) when the decedent died. You cannot change that operation of law. As to the cost and labor relating to the upkeep of the property and the 'agreement' with the decedent, you would need to file a suit in equity in the appropriate court if that other person isn't paying their fair share. You need to consult with an attorney who is an expert in real estate law to discuss your options and determine what you should ask the court to do for you.

Can creditors put a lien on property not in your name?

If the property was fraudulently conveyed to avoid creditors the court can approve a lien against it in spite of the transfer.

If the property was fraudulently conveyed to avoid creditors the court can approve a lien against it in spite of the transfer.

If the property was fraudulently conveyed to avoid creditors the court can approve a lien against it in spite of the transfer.

If the property was fraudulently conveyed to avoid creditors the court can approve a lien against it in spite of the transfer.

How can a person get ADD?

The only thing we know for sure is that it is hereditary. It was for me. Other ways to develop it they are not sure of yet. It's very hard to study and will take many many years. It's too hard to diagnose in small children.

Does a loan against a house and land override the will?

The loan doesn't 'override the will'. It is a matter of rights in property and debts. The debts of a testator must be paid before any property is distributed to the heirs. In the case of a mortgaged property, the testator doesn't own the property free and clear so she can't give it to her heirs. She conveyed it to a bank in return for a large sum of money while she was living. The bank owns a security interest in the property until the money has been repaid.

The heirs have the option of paying the loan on the property (if they want to keep it), conveying their interest to the bank or or allowing the bank to take possession by foreclosure.

What is more of an encumbrance on property a lien or an easement?

It depends on the lien, the easement, and the owner's intent for the property. Typically, a lien doesn't impede the owner's enjoyment of property rights unless and until the owner wishes to sell. At the point, either the lien must be satisfied by the seller or the property must be sold subject to the lien; in either case, the net monetary return to the seller will be diminished by the amount of the lien. By contrast, an easement essentially allows another entity the right to restrict the owner's use of the portion of the property covered by the easement. If the landowner sells, the land property is sold subject to the easement and the new owner continues to be subject to the easement rights.

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How long is a claim of lien good in Florida for home owner's association fees?

You can work with your attorney to refile the lien before it expires.

Every state law is different in this regard.

How do you lien a title for money owed?

While this varies by state, there's usually a place marked LIENHOLDER on either the front or back of the actual title document. By inserting your name (or company) on the 1st available LIENHOLDER line, this will be recorded on the new title once the purchaser registers and titles the vehicle.

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