Sentences with phrase «position lien holder»

Usually, the first - position lien must be completely satisfied before the second - position lien holder can receive any remaining collateral.

Not exact matches

You are the senior debt holder (first position on lien).

If Countrywide is in a second position, ask that the first lien holder to get their attorney involved, this will speed up the process.

Especially, with lien holders in the 2nd position.