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Liens
The right of a creditor to sell collateral property when a debtor defaults on their loan
2,139 Questions
Struck off property is real estate that is so overdue in property taxes that it is a burden on the government authority. It is usually sold or auctioned by the governing county, where the buyer will pay a reduced value, plus any owed taxes.
Yes. The repossession fee is like a tow bill. They did pick up the vehicle. The storage fee is the time it takes to get the vehicle off of their lot. Each day adds another day of storage fees.
What happens when Bail bondsmen does not return money owed to client?
Good luck, bail bonds companies can be shady, i know i work in the bail industry.
If you live in California file a complaint with the department of insurance.
If you do not, find out who regulates the bail bonds in your state and file a grievance.
your best bet for results.
Remember the bail bondsman usually has all your personal info. You screw him and
what do you think he's going to do with your social security number, address, phone number...you get the idea.
To put the public on notice that a specific party has an interest or that there is some other event effecting the chain of title.
A lien can be placed upon any property if first, there is a judgment. You first have to have a judgment, where a debt is actually proven in a court of law, leaving a judgment. THen, if not satisfied, they certainly can lien your house. Anyone holding a judgment that is not satisfied can lien your house.
How do you pay off mass state tax lien?
Start by calling the collections division at 617 887 6400, and be prepared to stay on hold. If you're calling for a third party you must have a Power of Attorney in hand to fax in. Request a "Payoff Letter" with an exact date for which you will be prepared to deliver the check, as interest is calculated to the day the payment is received. You should mail it overnight or send it by hand to the Chelsea office. Remember most PO Boxes do not take overnight mail.
How do you stop lien sale of car?
Offer to pay the loan in full. However, if it has reached the point of the sale you have probably waited too long.
The lien goes on the property, not the estate. But the estate must resolve the lien when disposing of the property.
How long is the jail sentence for not paying restitution?
Generally there is no maximum for contempt of court. You may be jailed until you pay restitution.
How do you find if a property is free and clear?
All records that affect land are filed at the local land records office. You can go there and check under the names of the owners of the property for any outstanding liens. Of course, it may get complicated if there are probate issues or an abundance of liens and you are not a professional. In that case you could pay a title company to perform a title examination on the property which would provide you with a report on the legal status of the title.
== == YES, I don't remember what VA Bch is but I know they have a limit. This would be covered by the "mechanic's leins act " or a similar type state regulation that sets out the amounts that can be charged for vehicle storage. If you don't pay for the repairs and the storage costs, eventually the garage can auction off the car to get their money back. When you authorize the repairs to be done, on your car, you are entering into a "service contract " to pay for the repairs , or lose the car if you don't pay up when the repair work is completed.
60 days after completion of the work - but, remember his job is done and it is now up to you to prove the quality was done poorly.
No. A benefit of owning property by survivorship is that the moment one owner dies their interest in the property disappears and the survivor is the sole owner. The creditor is out of luck.
How can a lien holder refuse to return property back to buyer?
Generally, if there is a debt involved the lien holder can hold the property until the debt is resolved. It is a security interest over property to guarantee payment.
Does recording a title secure an interest in real property?
Recording a mortgage secures an interest in real estate.
The instrument used to convey property is called a deed. Recording a deed transfers an interest in real property as long as the grantor in the deed has an interest in the property. The grantee on the deed acquires "title" to the property by virtue of that deed. Having the title to the property examined by a professional title examiner confirms that the person signing the deed owns the land.
In order for a creditor to secure an interest in the real estate as security for the debt, they should have the debtor sign a note and a mortgage. That should be accomplished with the help of an attorney who specializes in real estate. All the owners of the property must sign the documents.
Now if you live in a paperless title state (for example California), and you have officially paid off your loan, the lender will then electronically release its lien through the state DMV. Then DMV will process the electronic title into a physical paper title and they will mail it to the owner of the vehicle. So in a paperless state it would then be the DMV's responsiblity to get the title to the owner. In some cases if you owe taxes or fees to the DMV for whatever reason, the DMV is likely to hold on to your title until you physically go down to DMV and try to obtain the cleared title.
For a paper title state. In general the lender would release the cleared title after an appropriate amount of time goes by to make sure the payoff amount you sent does clear the bank.
In general once the loan is paid the lending institution is required to send back the title with the "lien-holder" line signed off and indicated as paid, and that is mandated depending on each individual state DMV laws. There is no real penalty to the lending institution so if they don't get around to sending it nobody cares until you send a registered letter requesting the title. At that point you may take the title to the DMV and request a new title, but it doesn't really do anything special for you other than make you pay for the replacement title. The advantage of NOT getting a new title with no lien-holder is, you won't be getting all of the junk mail from companies that want to sell you stuff.
Contact your lender or local DMV and find out what your particular state requires in regards to your title after it has been paid off; or just call the lender directly they would have the info you would need to your particular account.
Yes. But the contractor could be sued for slander of land title, and would have to pay court costs and attorneys' fees (if you prevail in court after a lawsuit) (in WA). Since I am a construction law expert, I will lend this advise: if the work is not finished or unsatisfactory, DO NOT PAY THE CONTRACTOR ANY MORE MONEY.Instead, write him a letter describing the unfinished or shoddy work and give a certain time period (say, 10 days) to come and fix the defective workmanship. Odds are, the contractor won't do anything, in which case you're free to hire a very good contractor to finish the job. Then, the shoddy contractor may file a lien against your property (just because he can file a lien doesn't mean the lien has merit). Once the contractor has filed the lien, unless you're selling or refinancing right away, or want to "get back at" the contractor immediately, I would do nothing and wait until the contractor sued me for foreclosure of the lien (note the time period to foreclose a lien in WA is 8 months). At that time, I would retain a good construction law attorney and counterclaim for slander of title (filing a lien with no merit) and breach of contract (since you had to pay the other contractor to finish the work) with a prayer for attorneys' fees (RCW 60.08.080). In the event the time lapsed for the contractor to foreclose the lien, or if no lien is filed, you will want to see a construction law or real estate attorney to sue the contractor (look in the phone book for an attorney who will give "free consultations").
Can a tree service put a lien on your home?
In countries following the traditions of English Common Law, such as the UK, United States, Canada, and Australia, the answer is "yes". It may also be true in other countries as well -- especially in Europe.
Can child support enforcement put a lien on the spouse's retirement account for back child support?
yes
Can the bank charge you for a repo fee if your car was never taken?
Bobby, look at your contract. It likely covers what fees they can charge. The repoman charged the bank, the bank charged you. It all went on your account. The repoman had to get paid for coming to your house, right? We dont work for free.
Can you put a lien on an obligor's divorce settlement for his child support arrearages?
I'm not aware of such a lien. However, the settlement will presumably end up in a bank or investment firm somewhere, where it would be subject to lien.
Do involuntary liens accrue interest?
In most cases, yes. A judgment lien begins to accrue interest at a statutory rate as soon as it is issued. The rate in Massachusetts is 12%. A lien for income, property or employment taxes accrues interest from the time of the assessment. Interest can cause the amount due to increase rather quickly. The costs of obtaining the lien are also included. It's wise to pay up as soon as possible.
In most cases, yes. A judgment lien begins to accrue interest at a statutory rate as soon as it is issued. The rate in Massachusetts is 12%. A lien for income, property or employment taxes accrues interest from the time of the assessment. Interest can cause the amount due to increase rather quickly. The costs of obtaining the lien are also included. It's wise to pay up as soon as possible.
In most cases, yes. A judgment lien begins to accrue interest at a statutory rate as soon as it is issued. The rate in Massachusetts is 12%. A lien for income, property or employment taxes accrues interest from the time of the assessment. Interest can cause the amount due to increase rather quickly. The costs of obtaining the lien are also included. It's wise to pay up as soon as possible.
In most cases, yes. A judgment lien begins to accrue interest at a statutory rate as soon as it is issued. The rate in Massachusetts is 12%. A lien for income, property or employment taxes accrues interest from the time of the assessment. Interest can cause the amount due to increase rather quickly. The costs of obtaining the lien are also included. It's wise to pay up as soon as possible.
How long does an unpaid tax lien expire?
It depends on the type of lien. A lien for unpaid property taxes does not expire. A lien for federal income taxes lasts ten years plus a grace period for rerecording. State income tax liens vary in their statutes of limitations.
It depends on the type of lien. A lien for unpaid property taxes does not expire. A lien for federal income taxes lasts ten years plus a grace period for rerecording. State income tax liens vary in their statutes of limitations.
It depends on the type of lien. A lien for unpaid property taxes does not expire. A lien for federal income taxes lasts ten years plus a grace period for rerecording. State income tax liens vary in their statutes of limitations.
It depends on the type of lien. A lien for unpaid property taxes does not expire. A lien for federal income taxes lasts ten years plus a grace period for rerecording. State income tax liens vary in their statutes of limitations.
