answersLogoWhite

0

Liens

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

2,139 Questions

Can a judgment be placed against you without your knowledge?

yes,..but a few legal things must be satisfied first and among those things are notices made public so that you cannot say that the opportunity to have knowledge about the judgment was not afforded to you.

What does lost payee mean?

A loss payee is the person or company who will be paid if property is damaged. Typically it's the lender if a car, copier, home, etc. is financed.

When do you need to update a lien on property?

When the lien is transferred or the lienholder changes. When the lien is satisfied (paid off).

Answer

You need to check the statute of limitation and practice in your jurisdiction. For example, in Massachusetts a recorded judgment lien lasts for six years. The creditor needs to request an extension from the court that issued the lien and the extension must be recorded in the land records. If an extension is not recorded the original judgment lien simply expires after six years.

What does the last digit on the Florida driver license mean?

Because of how Florida driver's license numbers are assigned, it's possible for two or more to have the exact same number. Obviously that's bad! So they add another digit to tell them apart. So if your license ends with "-8", that means 8 people got the same number (ignoring the last digit) as you. If you have a really common first and last name, you're more likely to have a high number.

Full information:

http://www.highprogrammer.com/alan/numbers/dl_us_shared.html

The available literature on the subject attributes the last number to much more than simple name coincidence. These people also need the same birthday to create the one, and, for the record, THERE ARE NO 8s

What is IRS ACS support?

IRS ACS support refers to the Automated Collection System, which is a program used by the Internal Revenue Service (IRS) to manage and collect unpaid taxes. It involves automated processes for contacting taxpayers regarding their tax debts, including phone calls and written notices. The ACS aims to facilitate payment arrangements and resolve tax issues efficiently while ensuring compliance with tax laws. Additionally, ACS support helps taxpayers understand their obligations and available options for addressing their tax liabilities.

Can you get step by step instruction on how to file a lien?

You can get a step-by-step set of instructions from an attorney, who is usually required to help you file a lien in a condominium situation.

As well, read your governing documents to determine whether or not you have followed all the proper procedures, sent notices, and sent the proper letters required before you can file a lien against a condominium unit owner.

How long does a property lien last in the state of AR?

Statutes of limitation on liens is a complicated area of law. The answers are not simple and there are additional details that need to be ascertained before a definitive answer can be provided. If you are inquiring about actual liens against your property then you should consult with an experienced real estate attorney in your area. Some examples of varying statutes of limitation are described below in brief.


Different types of liens have different statutes of limitation. Following are listed examples from Arizona but be aware they do not include all the details that may affect those limitations. Judgment liens expire after 5 years unless extended. State income tax liens expire 6 years after the amount of tax due becomes final unless extended. Mortgages expire after 50 years or ten years after the stated maturity date. Property tax liens are complicated. There is a 10 year lifetime to foreclose a right of redemption for tax titles purchased after 2002. Additional factors apply.

On a judgment can they take or garnish money out of ssd?

Yes, but only for back child support and unpaid federal taxes.

How do you get your money from a lien placed on a house when it sells if for less than lien amount?

Generally, you are out of luck. However, judgment liens have a long life depending on the laws in each jurisdiction. You should visit the court to determine if it can be returned as partially satisfied with the outstanding balance to remain active. You may be able to keep your lien active and use it to take other property in the future, such as a car. That action would need to be taken through the sheriff's office in most jurisdictions.

Generally, you are out of luck. However, judgment liens have a long life depending on the laws in each jurisdiction. You should visit the court to determine if it can be returned as partially satisfied with the outstanding balance to remain active. You may be able to keep your lien active and use it to take other property in the future, such as a car. That action would need to be taken through the sheriff's office in most jurisdictions.

Generally, you are out of luck. However, judgment liens have a long life depending on the laws in each jurisdiction. You should visit the court to determine if it can be returned as partially satisfied with the outstanding balance to remain active. You may be able to keep your lien active and use it to take other property in the future, such as a car. That action would need to be taken through the sheriff's office in most jurisdictions.

Generally, you are out of luck. However, judgment liens have a long life depending on the laws in each jurisdiction. You should visit the court to determine if it can be returned as partially satisfied with the outstanding balance to remain active. You may be able to keep your lien active and use it to take other property in the future, such as a car. That action would need to be taken through the sheriff's office in most jurisdictions.

Do i still have to pay the lien even if i don't want the car?

If you borrowed money to purchase a car then you are required to pay it back.

If you borrowed money to purchase a car then you are required to pay it back.

If you borrowed money to purchase a car then you are required to pay it back.

If you borrowed money to purchase a car then you are required to pay it back.

I have a lien on my condo but want to remortgage?

Your mortgage lender is the person who can tell you how to proceed.

Generally, a lender will require that you pay the debt and remove the lien before a new financial agreement can be made based on the property.

What rights does a subcontractor have when working for a contractor?

Firstly you have all the rights granted by your contract with the contractor. Secondly you have the state's lien statutes which grant you lien rights providing you meet specified conditions and time restrictions. Construction or mechanics lien laws vary in each state so you need to become familiar with the laws of your state or contract a lien law administration provider for more information.

If you are working on municipal property or if there is a payment bond you have other alternatives available to you including holding payment to the primary contractor or suing the bond for payment.

What does it mean to be a title theory state in Michigan?

In a title theory state when a property owner grants a mortgage they actually convey the title to the lender or a trustee until the mortgage is paid off. The conveyance is conditional: If the mortgage is paid off the lender releases the property; if the mortgagor defaults the lender can take possession of the property by foreclosure and sell it.

In a title theory state when a property owner grants a mortgage they actually convey the title to the lender or a trustee until the mortgage is paid off. The conveyance is conditional: If the mortgage is paid off the lender releases the property; if the mortgagor defaults the lender can take possession of the property by foreclosure and sell it.

In a title theory state when a property owner grants a mortgage they actually convey the title to the lender or a trustee until the mortgage is paid off. The conveyance is conditional: If the mortgage is paid off the lender releases the property; if the mortgagor defaults the lender can take possession of the property by foreclosure and sell it.

In a title theory state when a property owner grants a mortgage they actually convey the title to the lender or a trustee until the mortgage is paid off. The conveyance is conditional: If the mortgage is paid off the lender releases the property; if the mortgagor defaults the lender can take possession of the property by foreclosure and sell it.

How do remove a bank lien from vehicle when bank is out of business?

When a bank has failed and you need a lien release, then the FDIC will be the ones to handle it for you.

See the link below. It provides you with all the information you need. At the bottom of the page, choose the listing that applies to your situation.

How do you correct a cloud in the property title?

Depends on what the lien is for. It has to be satisfied and released by them-usually with money.

What is the cost of placing a lien on property willed to you if trying to own it and can you go to the courthouse and place a personal lien on the property that is yours according to a will?

Not sure why you want to put a lien on the property. If you have been left the property, you shouldgo and get the deed. In order for the individual to leave you the property, they had to be named in the deed. In order for anyone to sell it after their death, they are going to have to get the probate court's permission. And the only person they will allow to sell it is the executor or the person it was left to. I would consult an attorney for the jurisdiction where the property is.

What is a particular lien or general lien of bail?

A particular lien exists only as security for a particular or specific debt owed, and a general lien allows a lien holder to keep possession of a debtor's goods until all debts due from the debtor have been paid.

You are owed money from old roommate can you put a lien on the trailer that she owns that is still on your property?

Not without going to small claims court, and then going back to court after a time, and maybe again, etc. After all that they probably will have moved it sold it, whatever. Might be better just to demand that it be removed from your property, then, at least you won't have to look at it. They sound like squirrels (sp?) and they may just abandon it anyway.

How do you stop mouse from coming inside your home?

Mice can enter through holes the diameter of your thumb. That makes it difficult to mouse-proof your house. If you find an opening around the foundation you can use mortar to seal it. Hardware cloth, aluminum flashing and patches made from soda cans can also be useful tools to close openings. Inspect all utility entrance holes. Caulk or fill as needed. Your door sweeps and threshold seals should be inspected and corrected if needed.

Clearing away vegetation and debris from around the foundation eliminates cover. A mouse will not commit to gnawing an opening where it is exposed. If you have ivy growing up the walls, that is a red carpet for mice. In the fall, when the weather may be warm during the day, avoid leaving your doors open for ventilation because mice are planning for cold weather and will welcome that invitation to move in.