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Earlier this month, one of those creditors, Marine Midland Bank, put a lien on Mr. Kuhn's $1.3 million summer home in Quogue, L.I. Two other creditors, Shearson Lehman Hutton Inc. and J. Walter Thompson Inc. are also looking for him.
For example, one owner of a homestead can put a lien on a co-owner's share, so your former spouse may still have a stake in the home even after he or she moves out.
Because my parents are co-signers, Sallie Mae could put a lien on my parents' house.
The USOC had put a lien on Waddell's house to defray their legal costs.
Chambers recommended that the county put a lien on the courthouse and sell the sheriff's cars.
He could put a lien on his house, ask friends for money or sell his cars.
Similar(21)
Out of the pocket of his overcoat comes a folded piece of legal paper that said the Chemical Bank had put a lien of $150 on me because I cosigned for another one of Fat Thomas's cars.
By a 6-to-3 vote, the court ruled that the Medicaid law pre-empts a North Carolina law that, in effect, puts a lien on a beneficiary's property by automatically seizing one-third of an insurance settlement even though it includes payment for pain and suffering.
When a homeowner falls behind on his property taxes, the municipal tax collector puts a lien on the property.
A charging order essentially puts a lien on the debtor/member's right to distributions, such that any distributions made to that interest will be routed to the creditor instead, until the judgment is satisfied.
When the IRS puts a lien on your business assets, it means that the government gets paid their dues before any other creditor, which may prevent other lenders from issuing you a loan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com