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North Carolina Complaint to Recover Personal Property Held for Lien...

North Carolina Complaint to Recover Personal Property Held for Lien and to Determine Amount of Lien

Name: North Carolina Complaint to Recover Personal Property Held for Lien and to Determine Amount of Lien
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.87 (417 reviews)

Category:

North Carolina Civil Procedure - Small Claims - Personal Property Liens

State:

North Carolina

Control #:

NC-CVM-900M

Format:

Instant download

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Description

Complaint to Recover Personal Property Held for Lien and to Determine Amount of Lien: This is an official form from the North Carolina Administration of the Courts (AOC), which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.

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FAQ

The Indian Contract Act, 1872 classifies the Right of Lien into two types: Particular Lien and General Lien. Section 170 of the aforesaid Act gives the exact definition of Particular Lien which states that the Bailee is free to hold control of a precise property with position to the charge which is due.

Formalize a defense for disputing the amount of the lien. Gather supporting documentation for your rebuttal, depending on the type of lien. Contact the agent representing the creditor to dispute the amount of the claim. Negotiate a payment settlement with the creditor if you cannot pay the amount you owe in full.

If a creditor gets a judgment against you, it can then place a lien on your property. The lien gives the creditor an interest in your property so that it can get paid for the debt you owe.And in some cases, the lien gives the creditor the right to force a sale of your property in order to get paid.

Enforcing your lien claim means actually filing a lawsuit to enforce the action and foreclose on the property itself.Since a mechanics lien gives you a security interest in the property, a foreclosure action is a way to squeeze the funds out of the property.

Step 1: Contact the Lien Claimant and Request. Step 2: Obtain a Certified Copy of the Claim of Lien. Step 3: Prepare the Required Court Pleadings. Step 4: Copy and Assemble the Documents. Step 5: File Documents in Court, Pay Filing Fee, and Ask Clerk for a Hearing Date. Step 6: Have the Petition and Other Documents Served.

A lien is a security arrangement or legal right that is acquired by a creditor on real property. Debtors who fail to pay their debt can be taken to court. In these cases, the creditor can enforce the lien, which involves perfecting a lien, filing a claim on the debt, and other steps to seize property.

A lien is a legal right to claim a security interest in a property provided by the owner of the property to the creditor.The grantor (the owner of the property) is called the lienee while the party that receives the lien is referred to as the lienor or lien holder.

In California, money judgments are enforceable by a writ of execution. In order to enforce the judgment lien, the judgment creditor must obtain a writ of execution, levy and then sell the real property at an execution sale.

Make sure the debt the lien represents is valid. Pay off the debt. Fill out a release-of-lien form. Have the lien holder sign the release-of-lien form in front of a notary. File the lien release form. Ask for a lien waiver, if appropriate. Keep a copy.

North Carolina Complaint to Recover Personal Property Held for Lien and to Determine Amount of Lien

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