BMW M5 Forum

Post Reply
 
Thread Tools Search this Thread
      03-23-2011, 07:41 PM   #45
schoy
Major
997
Rep
1,003
Posts

Drives: Melbourne Red E90 M3
Join Date: Apr 2010
Location: USA

iTrader: (0)

Quote:
Originally Posted by pt View Post
It's not foreclosure / eviction. You slap a lien on their house and then they won't ever be able to sell it until they satisfy it.
Uh ... they can still sell it; the property will just be subject to the lien. Which means you still have to forclose to collect on the lien. The point I'm trying to make is that a lien is only as good as your ability to enforce it. And enforcement costs $$$.
Appreciate 0
Post Reply

Bookmarks

Tags
have fun in debt, ur an idiot

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:36 PM.




m5:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST