A guide to the rules attorneys follow in civil lawsuits. ... The Charlotte Observer ... Charlotte, North Carolina One of my defendants wanted to settle immediately. I am so glad I read your teaching on the complaint before I filed it. ...
Settle Try negotiating if you don’t have enough to pay off a debt. Creditors might be willing to accept less than you owe if they can get something now and put the loan behind them.9 Get It Corrected If you believe a lien is not legitimate, contact the lienholder. In some ...
Satisfy the lien. If you legitimately owe money, you can have the lien removed by paying what you owe to a creditor or attorney. Once you settle the debt, then the bank will receive notice to release your funds. Your debt has been satisfied, the lien removed and you can access your ba...
You may settle your tax if certain circumstances render you unable to pay on time due to financial hardship. The IRS will consider your income, ability to pay, expenses, and asset equity to determine if you’re eligible. Unpaid taxes may be paid in a reduced sum or over time through mont...
3. A property owner with a lien typically cannot sell or refinance it until the lien is resolved. 4. There are different property liens, including mortgage, tax, and mechanic’s liens. 5. If a property owner fails to pay the debt or obligation, the lienholder may have the right to for...
The reason why understanding your mobile home’s market value is crucial is because you get a better picture of how to competitively price it. You not only know how much you can get from it, but you also know the minimum asking price to settle for. ...
Pay. If the work of the contractor is not at issue, the easiest way to settle a mechanic's lien is just to pay. If there's a dispute as to the amount, take into consideration whether or not it would be cheaper and easier to pay versus fighting the lien by possibly getting a lawyer...
But be careful: Bankruptcy can’t wipe clean all debts—nor does it work with tax liens. If the IRS has already filed a lien against your house, car, or other assets, you’ll need to pay it off (or sell the assets) before it can be removed. ...
If a taxpayer does not respond to a demand for payment, the government may place a lien on the person's assets. The lien may be removed if the taxpayer agrees to a payment plan or takes other action with the agreement of the government. ...
Typically, the physical property that the borrower is purchasing acts as collateral under the lien. However, a voluntary lien can also be placed on other property that the borrower already owns if the borrower agrees to it. For instance, a lien could be placed on a valuable painting if the ...