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-   -   I have recently had a collection company from NY place a lien on my home in CT. (https://www.askmehelpdesk.com/showthread.php?t=440715)

  • Jan 29, 2010, 02:14 PM
    touchdown1944
    I have recently had a collection company from NY place a lien on my home in CT.
    I had a judgement against me and was paying $15 per month. The I received a letter from the Attorney's office with a copy of lien papers to the CT town I live in placing a lien on my home. Is this legal and if so what can I do to get the lien removed.
  • Jan 29, 2010, 02:44 PM
    twinkiedooter

    Apparently the company that you were paying the $15 to each month wanted more money and was not happy with what little crumbs you were throwing them each month. They already have gotten the judgment against you and they can in fact file it against your real property. At this point the only way to get this lien off your real estate is to pay it off in full. There is no other way.
  • Jan 29, 2010, 06:17 PM
    DownUnder

    Hello touchdown1944

    Once a judgement is entered against you there is very little you can do but pay it and I am quessing since this is now a lien against your property it must be a big amount. As noted above 15 dollars a month just wasn't enough. Al lso if your state allows they could go after your paycheck and bank accounts
  • Jan 29, 2010, 10:55 PM
    XTC832
    As with both posts, yes it is legal and the only way a lien can be removed is to either pay it in full or satisfy it by negotiating a settlement. A lien against your property might not sound like an immediate concern, but in the long run, the effects can be disastrous. The unpaid debt will accrue interest and fees and will reflect in the lien amount. If you ever wanted to sell the property, lienholders would be paid first and in their respective order. If you were hoping to obtain any profit or equity, the lienholders are legally entitled to it before you collect anything. If there isn't enough equity to cover the lien amounts, then there could be no transfer of title, unless the buyer wanted to assume your unpaid debt.

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