A lien is a notice thats attached to your real property signifying that a creditor claims you owe money. Removing a lien on a property can be a complicated and stressful process, and it prevents you from selling your home until the lien is removed. B
How to Protect against a Lien on Property
How to Put a Lien on Property for Unpaid Judgments There are other types of liens in Massachusetts. Some liens are added to the titles of financed vehicles, requiring the owner to repay the loan before selling the car. Liens can be a remedy for unpaid judgments too. These types of proper...
2.How does a property lien work? Let’s say you took out a loan to buy your dream home, but unfortunately, you fell behind on your mortgage payments. In this case, the lender can place a lien on your property. The lien gives the lender the right to claim ownership of the property ...
Filing a real property lien in Florida is a way to enforce collection of a court judgment. Florida has two different ways for a creditor to file a judgment lien against real estate: in county land records and with the Florida Department of State. Judgment lien certificates filed with the Flo...
Your lien stays in place and has no effect unless and until the debtor tries to sell or refinance his property. Either the buyer or the mortgage lender will check to see if he has clear title to the property. Because you have recorded your lien, it will show up in this search. You ...
1. Mortgage Lien When you voluntarily take on a mortgage, the lender agrees to finance your home and takes a lien on your property until you pay off the debt. You can check if there's a lien on your real estate at your county recorder's office, the recorder of deeds office or the ...
Some associations can levy massive fines that can become a lien on your house and lead to foreclosure. Keep the stakes in mind when you are deciding how far to take your fight. Don’t quit paying your dues. No matter what you’re arguing about, make your monthly payments ...
A property lien is a legal claim on assets which allows the holder to obtain access to property if debts are not paid. Property liens can be used by creditors in a variety of situations.
A levy is the legal seizure of property to satisfy an outstanding debt. Individuals who fail to pay taxes may be penalized by levies on tax refunds or property by theInternal Revenue Service (IRS). Tax authorities can also levy other assets, such as bank accounts, rental income, or retireme...