Can you refinance your home if there is a lien?
Table of Contents
Can you refinance your home if there is a lien?
If there is a federal tax lien on your home, you must satisfy the lien before you can sell or refinance your home. Taxpayers or lenders also can ask that a federal tax lien be made secondary to the lending institution’s lien to allow for the refinancing or restructuring of a mortgage.
How do you satisfy involuntary liens?
The simplest way to release an involuntary lien against one or more of your properties is to pay the debts you owe. Pay off the delinquent tax, credit, contractor, or other bill that gave cause to the lien.
What is asset attachment?
In the process of attachment, the court at the request of the decree-holder designates specific property owned by the debtor to be transferred to the creditor or sold for the benefit of the creditor. Section 60 CPC,1908 describes the property which can and cannot be attached while execution.
What is a attachment?
An attachment, or email attachment, is a file sent with an email message. It may be an image, video, text document, or any other type of file. To send an attachment along with your email, you can use the “Attach” command, then browse to the file you want to attach.
What are the various modes of attachment?
A decree can be executed by various modes which include delivery of possession, arrest and detention of the judgement-debtor, attachment of the property, by sale, by appointment of receiver, partition, cross-decrees and cross-claims, payment of money etc.
In what circumstances the property of defendant can be attached before Judgement?
An order for attachment before judgement is given in cases where the plaintiff’s application is successful in convincing the court that the defendant had intended either to delay any decree’s execution or obstruct it, or is about to give away the whole or any part of his property from the Court’s local limits of the …
How many sections are there in CPC?
158 sections
What is summary procedure in CPC?
Summary suit or summary procedure is given in order XXXVII of the Code of Civil Procedure, 1908. Summary procedure is a legal procedure used for enforcing a right that takes effect faster and more efficiently than ordinary methods.
