A Mississippi Order Avoiding Nonpossessory, Nonpurchase Money Lien is a legal instrument used to prevent a party from placing a lien on real property for nonpurchase money debt. This type of order is granted by a court in Mississippi to prevent a creditor from placing a lien on real property in order to satisfy a debt that was not obtained through a purchase or loan. There are two types of Mississippi Order Avoiding Nonpossessory, Nonpurchase Money Lien: a temporary restraining order and a preliminary injunction. A temporary restraining order is a court order that immediately and temporarily stops a creditor from placing a lien on real property while a preliminary injunction is a court order that stops a creditor from placing a lien on real property until a hearing can be conducted. Both types of orders are issued by a Mississippi court upon application by a party seeking to avoid the lien.
A Mississippi Order Avoiding Nonpossessory, Nonpurchase Money Lien is a legal instrument used to prevent a party from placing a lien on real property for nonpurchase money debt. This type of order is granted by a court in Mississippi to prevent a creditor from placing a lien on real property in order to satisfy a debt that was not obtained through a purchase or loan. There are two types of Mississippi Order Avoiding Nonpossessory, Nonpurchase Money Lien: a temporary restraining order and a preliminary injunction. A temporary restraining order is a court order that immediately and temporarily stops a creditor from placing a lien on real property while a preliminary injunction is a court order that stops a creditor from placing a lien on real property until a hearing can be conducted. Both types of orders are issued by a Mississippi court upon application by a party seeking to avoid the lien.
