Do you need an attorney to buy a house with a lien against it?
Legally, I doubt it can be required. And if you do your research you can probably find out how to. But if you don't really know what you are doing there is great potential to be defrauded. and to be candid, somebody reading this advice probably would be in over their head.
An easement is a property right, and unauthorized blocking of your easement is a trespass. You can have the blockage removed by court order, if necessary. Local law enforcement is often understandably reluctant to become involved in a civil dispute.
For example, if your neighbor blocks your shared driveway with a vehicle on private property, and refuses to move it upon polite request, your next call is to a lawyer, not to the police. If it is blocking on the public street, then (in some places) the police will tag and tow the vehicle regardless of who owns the property or the vehicle.
When you finance or lease a vehicle, your creditor holds important rights on the vehicle until you've made the last loan payment or fully paid off your lease obligation. These rights are established by the signed contract and by state law. If your payments are late or you default on your contract in any way, your creditor may have the right to repossess your car. Talking with Your Creditor
It is easier to try to prevent a vehicle repossession from taking place than to dispute it afterward. Contact your creditor when you realize you'll be late with a payment. Many creditors will work with you if they believe you'll be able to pay soon, even if slightly late. Sometimes you may be able to negotiate a delay in your payment or a revised schedule of payments. If you reach an agreement to modify your original contract, get it in writing to avoid questions later. Still, your creditor may refuse to accept late payments or make other changes in your contract and may demand that you return the car. By voluntarily agreeing to a repossession, you may reduce your creditor's expenses, which you would be responsible for paying. Remember that even if you return the car voluntarily, you're responsible for paying any deficiency on your credit or lease contract, and your creditor still may report the late payments and/or repossession on your credit report. Seizing the Car
In many states, your creditor has legal authority to seize your vehicle as soon as you default on your loan or lease. Because state laws differ, read your contract to find out what constitutes a "default." In most states, failing to make a payment on time or to meet your other contractual responsibilities are considered defaults. In some states, creditors are allowed on your property to seize your car without letting you know in advance. But creditors aren't usually allowed to "breach the peace" in connection with repossession. In some states, removing your car from a closed garage without your permission may constitute a breach of the peace. Creditors who breach the peace in seizing your car may have to pay you if they harm you or your property. A creditor usually can't keep or sell any personal property found inside. State laws also may require your creditor to use reasonable care to prevent others from removing your property from the repossessed car. If you find that your creditor can't account for articles left in your car, talk to an attorney about whether your state offers a right to compensation. Selling the Car
Once your creditor has repossessed your car, they may decide to sell it in either a public or private sale. In some states, your creditor must let you know what will happen to the car. For example, if a creditor chooses to sell the car at public auction, state law may require that the creditor tells you the date of the sale so that you can attend and participate in the bidding. If the vehicle is to be sold privately, you may have a right to know the date it will be sold. In either of these circumstances, you may be entitled to buy back the vehicle by paying the full amount you owe, plus any expenses connected with its repossession (such as storage and preparation for sale). In some states, the law allows you to reinstate your contract by paying the amount you owe, as well as repossession and related expenses (such as attorney fees). If you reclaim your car, you must make your payments on time and meet the terms of your reinstated or renegotiated contract to avoid another repossession. The creditor must sell a repossessed car in a "commercially reasonable manner" - according to standard custom in a particular business or an established market. The sale price might not be the highest possible price - or even what you may consider a good price. But a sale price far below fair market value may indicate that the sale was not commercially reasonable. Paying the Deficiency
A deficiency is any amount you still owe on your contract after your creditor sells the vehicle and applies the amount received to your unpaid obligation. For example, if you owe $2,500 on the car and your creditor sells the car for $1,500, the deficiency is $1,000 plus any other fees you owe under the contract, such as those related to the repossession and early termination of your lease or early payoff of your financing. In most states, a creditor who has followed the proper procedures for repossession and sale is allowed to sue you for a deficiency judgment to collect the remaining amount owed on your credit or lease contract. Depending on your state's law and other factors, if you are sued for a deficiency judgment, you should be notified of the date of the court hearing. This may be your only opportunity to present any legal defense. If your creditor breached the peace when seizing the vehicle or failed to sell the car in a commercially reasonable manner, you may have a legal defense against a deficiency judgment. An attorney will be able to tell you whether you have grounds to contest a deficiency judgment.
Is lien holder information listed on the title?
Yes. Valid existing liens should be listed on the back of the vehicle's title.
Mass. does have a Tenancy By The Entirety statute. Which may or may not protect marital property when only one spouse is the debtor. The problem arises if the "necessity" clause is valid. This is a portion of the law that states that any debts incurred for necessities, such as food, shelter, medical, etc. is owed by both spouses. It is seldom used,but can be very complicated. The homestead exemption is a liberal one it was $300,000 it now may possibly be as much as $500,000 depending on the situation. However the homestead exemption is NOT automatic. It must be filed BEFORE any legal action has been instigated or it will not be valid. Mass. creditor/debtor laws are rather confusing. It would be advisable to seek legal representation.
What does levy deduction on a paycheck mean?
It refers to the garnishment of wages by a creditor for repayment of a debt. States inact their own garnishment laws, the maximum amount allowed by federal law is 25% of disposable income the first $154.50 of weekly wages are totally exempt. A garnishment order for debt can often be modified if "undue hardship" can be proven. These terms DO NOT apply to child support and in some cases spousal maintenance.
The substance to be analysed normally of unknown quantity is called as analyte. it is called as sample. In titration of analytes normally we take it according to the Normality of the titrant taken to find the quantity of analyte. Sample Size = Titer Value*Normality*Molecularr(or)equivalent weight/ purity/10. This formula is expressed in terms of %.
Can a property with no lien be taken if the other property is being foreclosed?
Yes, in fact ALL OF YOUR PROPERTY (including personal property, incoming rents or wages, etc) can be attached and seized for such a debt (or perhaps ANY debt), in case the foreclosure and public auction does not result in satisfaction of the entire obligation under the note. A court can then order forfeiture of the attached property, in a proper case.
The only special thing the mortgage lien does is reserve first priority to that lender, giving them more "security" in case of default, and the legal right to foreclose, rather than having to first obtain a court order of judgment.
Is there a time limit for liens?
Yes. There are various time limits for various types of liens and also those limits vary in different jurisdictions. In Massachusetts a mortgage is good for 35 years, income tax liens are good for 10 years with federal liens getting an extra 30 days to refile. Property tax liens do not expire. A UCC Financing Statement is generally good for 5 years. Recorded attachments and executions pursuant to judgment liens are good for 6 years and must be rerecorded to continue for another 6 years.
You need to check the specific statutes of limitations in your jurisdiction.
Yes. There are various time limits for various types of liens and also those limits vary in different jurisdictions. In Massachusetts a mortgage is good for 35 years, income tax liens are good for 10 years with federal liens getting an extra 30 days to refile. Property tax liens do not expire. A UCC Financing Statement is generally good for 5 years. Recorded attachments and executions pursuant to judgment liens are good for 6 years and must be rerecorded to continue for another 6 years.
You need to check the specific statutes of limitations in your jurisdiction.
Yes. There are various time limits for various types of liens and also those limits vary in different jurisdictions. In Massachusetts a mortgage is good for 35 years, income tax liens are good for 10 years with federal liens getting an extra 30 days to refile. Property tax liens do not expire. A UCC Financing Statement is generally good for 5 years. Recorded attachments and executions pursuant to judgment liens are good for 6 years and must be rerecorded to continue for another 6 years.
You need to check the specific statutes of limitations in your jurisdiction.
Yes. There are various time limits for various types of liens and also those limits vary in different jurisdictions. In Massachusetts a mortgage is good for 35 years, income tax liens are good for 10 years with federal liens getting an extra 30 days to refile. Property tax liens do not expire. A UCC Financing Statement is generally good for 5 years. Recorded attachments and executions pursuant to judgment liens are good for 6 years and must be rerecorded to continue for another 6 years.
You need to check the specific statutes of limitations in your jurisdiction.
How can you remove a lien if plaintiff is deceased?
You must obtain a release from the plaintiff's estate.
You must obtain a release from the plaintiff's estate.
You must obtain a release from the plaintiff's estate.
You must obtain a release from the plaintiff's estate.
How do your insure personal items in case they are stolen?
This situation is covered by a homeowner's insurance policy (HO3), Renters insurance (HO4) or unit owner's (HO6) policy. Call your insurance agent for more information on costs and coverages.
What do you do when you have paid off a NSF to a bank no longer in existence?
Banks merge all the time. Though it may appear the bank does not exist anymore, the paperwork should still be somewhere. Try going to the location of where your financial instution used to be. Even though they are not the same bank they should be able to help you out with the situation. I've worked at banks before and these things happen often.
The attorney that helped you get a court order should be able to place a lien and/or judgement against the people and the property for you. If one didn't help, then find one that will place it for you. Depending on the state you are in, there is a max $ amount that an individual can file against another individual without the help of an attorney (civil judgement). Anything over that amount, an attorney has to/should to do the filing to insure it is done right. * If the person has received a judgment against the debtor they file the judgment with the clerk of the court as a lien against real lproperty and then have the lien recorded at the land recoreder or assessors office in the city or county where the property is lccated.
If your vehicle was repossessed and you now have a judgment how do you get the judgment off?
The judgment creditor must be paid in full according to the terms of the judgment order. Most judgments are renewable and can remain on a credit report indefinitely until paid.
Lien Deyers died in March 1982, in United States of Unknown.
What is the procedure to legally take a car due to non payment as the lien holder?
The answer varies by state.
You will need to file a "Lost title" with Mississippi and then have it changed to Alabama.
What does executed by mean on a real estate lien release?
"Executed by" would refer to the party who is releasing the lien. The correct party must execute the release or it will not be effective in releasing the lien.
"Executed by" would refer to the party who is releasing the lien. The correct party must execute the release or it will not be effective in releasing the lien.
"Executed by" would refer to the party who is releasing the lien. The correct party must execute the release or it will not be effective in releasing the lien.
"Executed by" would refer to the party who is releasing the lien. The correct party must execute the release or it will not be effective in releasing the lien.
Will an impounded vehicle be turned to the lien holder?
Not unless the lien holder goes and retrieves it from impound themselves. The reimbursement of government fees (federal, state, or municipal) outweighs the priorities of the lienholder. When a vehicle goes into impound, the agency which impounded the vehicle puts their own lien on it, and that lien takes priority over the original lien. If the vehicle is not retrieved from impound, it will be auctioned off, and the lien holder basically gets shafted in the process. The person who took the lien out on the vehicle will owe the remaining balance still, and one of the money the agency auctioning the vehicle makes will go towards reducing the amount owed to the lien holder. To that end, you're better to let the lien holder repossess the vehicle and auction it, rather than have it impounded.
there is a certain period of time they have to hold on to it depending on state laws, for you to retrieve your vehicle. after that they may legally sell it without contacting you.
In the State of Arizona, the license plate belongs to the debtor. They cannot charge you for your plate but they can charge you for inventory and storage of your personal property (which, incidently, includes your plate).
What is a lien on real estate?
When property taxes go unpaid, the city holds an annual auction offering individuals looking to buy investment property to purchases as many tax liens as they want. When you purchase a lien, you are not fully purchasing the property. You just paying the property owner's taxes and getting the lien certificate.If the property owner will not pay the tax within the given time, then lien holder can foreclose on the property. If you want to know how to buy tax lien properties visit realestatetaxliennetwork.com
VICTIM buyer has to pay off the leinholder to get car. And/or sue con seller. Leinholder WILL get their money. GOOD LUCK...
It would not affect your credit at all because you are merely the tenant and are renting the property. Since you do not own it, and the owner is the person that has the lien filed against them, it will not affect you or your credit.