this was from a business that was close and bankrucy was declared on.
2006-12-12 11:42:50 · 6 answers · asked by deweywalkersmom 1 in Business & Finance ➔ Credit
rexallen is correct in most cases. Are you saying the lien is in favor of a company that has gone bankrupt and closed? If so, you need to find out who acquired the companies assets in the bankruptcy and deal with them. The county courthouse should be able to help you deal with this situation.
2006-12-12 13:20:59 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
Generally there would be a lien on your home if you owed someone or some business money. So step 1 would be to pay back the money 100%. If the person/business doesn't remove the lien, make sure you have a reciept, go to your local town/city hall and show them that receipt. If that doesn't work, go to your local city/town district court.
2006-12-12 11:52:13 · answer #2 · answered by gregtkt120012002 5 · 0⤊ 0⤋
There's almost no chance that if any company closes, someone didn't buy their assets (meaning the loan you owe).
It's your responsibility to find out who you owe.
This is the same regardless of whether the debt is paid off or not.
Whoever bought the old company's assets is responsible for providing a lien release. And if you were the one who filed bankruptcy, it doesn't typically discharge secured debts.
2006-12-12 13:45:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The original lien holder must present a notarized "release of lien" to the county treasurer, describing the property and then having the county to file the correct paperwork to insure the property and deed are put in the name of the correct property owner.
2006-12-12 11:54:58 · answer #4 · answered by rexallen 3 · 1⤊ 0⤋
sharon is kinda maximum impressive. It relies upon on the state. In some states two decades works, yet in others it ought to nicely be 40-60 years. with out having identify produced, you lose a large asset the following, no longer in problem-free words in an proprietors coverage, yet contained in the flexibility to get a letter of indeminty. i'd visit a actual sources criminal specialist in this and seem for each and each and every of the files from the acquisition, good luck
2016-11-25 23:43:15 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Inform the creditor of the bankruptcy, and demand that the lien be removed. If the creditor does not do so, he is in contempt of court.
2006-12-12 11:47:41 · answer #6 · answered by Anonymous · 0⤊ 1⤋