1864684 Alberta Ltd v 1693737 Alberta Inc, 2016 ABQB 371 (Decision affecting the rights of (commercial) condominium purchasers versus
lienholders in a receivership)
NOTE: One reason a junior
lienholder in California may refuse to cooperate is if the loan was a hard - money loan, secured to residence of 1 to 4 units.
Not exact matches
Nothing was explained to my son about when his first payment will be due, if he will be receiving a payment book
in the mail etc., I had to actually ask who the
lienholder was.
H4H will offer subordinate
lienholders an immediate payment
in exchange for releasing their liens, to permit more borrowers access to the program.
Use this guide to decipher the language your
lienholder used
in the deficiency waiver, and find out if you owe any money or not.)
Collision coverage is optional
in all states but may be required if you have a
lienholder.
This isn't the place for a textbook of information on the particular liens
in your state, but it's the time to impress upon you the need to fill
in the provided forms — especially the blanks that ask you to list the insurers and
lienholders that you know exist.
If the total amount owed to your first mortgage is greater than fair market value of your property, you can eliminate the security interest to junior
lienholders and treat them as general unsecured creditors
in your bankruptcy plan (thereby possibly being able to pay them less than 100 %).
The Illinois Supreme Court held that the statutory language
in Section 10 of the act is unambiguous and does not permit the deduction of attorney fees and costs prior to calculating the amount to be paid to any health - care
lienholder.
In general, California law allows lienholders to repossess vehicles where the borrower is in breach of the contract terms, without requirement for a court judgmen
In general, California law allows
lienholders to repossess vehicles where the borrower is
in breach of the contract terms, without requirement for a court judgmen
in breach of the contract terms, without requirement for a court judgment.
In your example, the holder of the $ 100K lien could, following the foreclosure sale, pay the first
lienholder $ 400K and become owner of the property, wiping out...
This is where GAP insurance comes
in — for a nominal premium, you are guaranteed that you can finance another vehicle as soon as possible, because the GAP insurance will help cover you repay the full amount owed to the dealer or
lienholder of your leased vehicle.
The additional named insured could be an additional owner, like if a property is
in one or more people's names, or also the mortgagee or
lienholder.
Purchasing the minimum liability insurance requirements puts you
in the clear with the state, but keep
in mind you may want — or need — additional types of coverage to make sure you've fully protected your cycle and met the requirements of any
lienholder.
Your junior
lienholder can be a real stick
in the mud and completely sabotage your short sale if they don't want to play ball.
Judicial foreclosure action is a proceeding
in which a mortgagee, a trustee or another
lienholder on property requests a court - supervised sale of the property to cover the unpaid balance of a delinquent debt.