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  2. Mortgage liens: What they are and how they work - AOL

    www.aol.com/finance/mortgage-liens-170517279.html

    A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be repaid first in the event of default and foreclosure. The best way to avoid ...

  3. Lien - Wikipedia

    en.wikipedia.org/wiki/Lien

    t. e. A lien (/ ˈliːn / or / ˈliːən /) [Note 1] 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 lienee[3] and the person who has the benefit of the lien is referred to as the lienor ...

  4. When does debt fall off your credit report? - AOL

    www.aol.com/finance/does-debt-fall-off-credit...

    Certain types of debt or derogatory marks, such as tax liens and paid medical debt collections, will not typically show up on your credit report. ... This can be successful if the unpaid debt is ...

  5. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1] Most collection agencies operate as agents of creditors and ...

  6. How to pay off a debt in collections

    www.aol.com/finance/pay-off-debt-collections...

    The safest way to pay a debt collector is with a method that provides proof of payment, such as mailing a check with a return receipt or using a secure online payment portal provided by the ...

  7. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien. A mortgage in itself is not a debt ...

  8. What is the right of redemption? How it works during foreclosure

    www.aol.com/finance/redemption-works-during...

    The right of redemption is a legal process that gives homeowners who have fallen behind on their mortgage payments the opportunity to keep their home by paying the money they owe, plus interest ...

  9. Collection of judgments in Virginia - Wikipedia

    en.wikipedia.org/wiki/Collection_of_judgments_in...

    In each instance, however, the creditor is required to engage in a "public act", such as the recording of a lien on the title to the debtor's real estate to be seized, or using other public notice to place a lien on debtor's personal property. Thus, the required public act fixes a lien on the debtor's property.

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