If so, you should file bankruptcy before your case proceeds to judgment. Should the creditor prevail in the money judgment, its lien rights will allow the creditor to attack bank accounts, garnish wages, repossess your motor vehicle, and foreclose on the home. Generally, if you bring ...
A Declaration of Homestead also protects the sale proceeds if the home is sold for up to one year after the date of the sale or on the date when a new home is purchased with the proceeds, whichever comes first. Additionally, if the home is damaged by a fire, for example, the insuranc...
However, a year later, he still had not paid a medical lien from the settlement proceeds — though he falsely assured the client that he had. He eventually paid the lien, nearly eight years after receiving the settlement money. During that time, he allowed the balance in his client trust ...
However, one key difference in New York State is the involvement of the condo association, which may have its own lien on the property for unpaid common charges. This lien can complicate the foreclosure process, as both the lender and the condo association may be vying for repayment. ...
000. Perhaps you are also entitled to a home exemption of $120,000. When the appointed trustee sells the home, he or she will have to pay the mortgage lender, tax lien, and for the home exemption. The money that remains from the sale proceeds will go into paying other creditors that ...
dad’s social security and pension they have been collecting for the last 3 years. Plus they have a lien on the house for additional fees that are still owed. . I was finally made conservator of his person which should have been a victory but doesnt much feel like one. So 3 years lat...
Afterwards, we negotiated her outstanding medical bills, to net her the highest settlement proceeds possible, providing her the best Closing Statement with terms of paying off all medical bills and increasing her settlement proceeds at the same time. This case is yet another example of the ...
These searches uncover any encumbrances, such as a lien or easement, that could interfere with your future ownership. Whether you’re purchasing a residential or commercial property, this service makes you more confident in your real estate purchase. Title insurance: A title gives you the right ...
lien holder that is getting less than the full payoff of their claim. that is especially true of what is usually the first position lien on the property which is the main/first mortgage on the property. to do a short sale it is much simpler if there are no secondary liens agains ...
While the workers’ compensation carrier will not pay for medical care after a settlement, Medicare places conditions on paying for post-settlement accident-related medical services. Before it begins paying, Medicare requires that a portion of the settlement proceeds be depleted on accident-related med...