‘Liens’ Articles
In law, a lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the “lienor” and the person who has the benefit of the lien is referred to as the “lienee”.
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Tags: Business Debt, Business Debt Consolidation, Commercial Debt, Commercial Debt Consolidation, Commercial Debt Negotiations, Commercial Debt Reduction, Commercial Debt Restructuring, Judgments, Negotiations
Posted in Business Debt, Commercial Debt, Debt Guarantees, Judgments, Liens, Negotiations, Personal Debt, Settlement, Why Us Now! | No Comments »
We specialize in Judgment reduction and payment structures. If you have a judgment that is unsecured, a creditor may attempt to seize assets such as bank accounts, tills, commercial asset property and real estate owned. If your judgment is a already secured against an asset (auto, real property, machinery, etc.), then the creditor/judgment holder may force a court ordered sale against that secured asset.
Resolving judgment cases differ depending upon the status of the debt (unsecured vs. secured) and the financial position of the judgment debtor. When a judgment debtor has a strong financial position, most unsecured judgment creditors desire money (cash) and will attempt to garnish bank and till accounts.
Tags: Business Debt Consolidation, Commercial Debt Consolidation, Commercial Debt Negotiations, Commercial Debt Reduction, Commercial Debt Restructuring, Judgments, Negotiations, Settlements
Posted in Business Debt, Commercial Debt, Judgments, Liens, Negotiations, Settlement | 1 Comment »