Posted on: 04th May, 2009 11:54 am
Is it really true that a lien can be placed on a house without the owner knowing it and there is no outstanding debt involved? Would the fact that the house is owned by a trust make it more difficult for someone to place a lien on the house?
The owner knows about a lien that is placed on their home. They may not know that the debtor has attached the lien to the property, but the homeowner should ultimately know there is an outstanding debt which needs to be paid. If the debtor has gone as far as to attach this to the property, it is more than likely they have made a number of attempts to collect the debt. i hope this helps...
i agree with james' stance on this issue. a homeowner may not realize a lien has been placed, but if there's any underlying debt that led to the lien, then there certainly would have been attempts by the creditor to obtain payments.
to think that someone who owns a home wouldn't be aware of the existence of a debt that leads to a lien is rather far-fetched.
to think that someone who owns a home wouldn't be aware of the existence of a debt that leads to a lien is rather far-fetched.
