(Bankruptcy does not, however, automatically eliminate mortgages and other
liens on your property without payment.)
Would it be possible for a collection agency to place
a lien on my property without my knowledge?
Not exact matches
If a
lien is placed
on your
property it can't be sold
without paying back the IRS first and it is automatically recorded
on your credit report.
In a repossession of secured
property, the
property has a
lien on it that allows the secured creditor to repossess the
property without going to court in order to do so.
Hi... can a
lien be placed
on your asset /
property without a court order?
In RadLAX, the Supreme Court resolved the split by unanimously siding with the Seventh Circuit.5 Relying
on well - established canons of statutory interpretation, the Court, in an «easy case,» held that a debtor's plan providing for a sale of secured
property free and clear of the creditor's
lien could not be confirmed
without affording the secured creditor the right to credit bid for the
property.
Also, if real estate was supposed to be provided to you, the judge can force the sale of the
property or place a
lien on the
property that would prevent your ex-spouse from receiving the proceeds if he sells the
property without your knowledge.
While many states allow commercial brokers to file a
lien on the
property for an unpaid commission, «lenders often won't release financing
without good title,» so filing a
lien — which clouds the title — may actually prevent an owner from receiving the funding needed to pay the commission, she explains.
A
property can not be sold
without dealing with writs or
liens registered
on title.
For example, lenders could fund a loan for which the title search identifies an unreleased
lien on the
property «
without going through the pain of releasing the
lien» if a subsequent credit report shows the second loan has a zero balance, he says.
Without language in the contract stating that the lenders must approve the offer and release all
liens on the
property, the seller may face a legal problem for failing to execute the contract if the short sale is not approved, says Hollingsworth.