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According to the Daily Herald, the only people who can place a lien on your home are those who have done work or otherwise contributed to the value of your home. For example, contractors and suppliers could place a lien if you do not pay them. Other creditors, though, usually cannot put a lien on your property.
According to the Daily Herald, the only people who can place a lien on your home are those who have done work or otherwise contributed to the value of your home. For example, contractors and suppliers could place a lien if you do not pay them. Other creditors, though, usually cannot put a lien on your property.
A judgment creditor can file a lien with the court 22 days after the judgment is entered against the debtor, provided that the debtor has not appealed or moved to set the judgment aside. The lien is then sent to the register of deeds for recording in the county where the debtor lives.
2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.
According to the Daily Herald, the only people who can place a lien on your home are those who have done work or otherwise contributed to the value of your home. For example, contractors and suppliers could place a lien if you do not pay them. Other creditors, though, usually cannot put a lien on your property.
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A judgment creditor can file a lien with the court 22 days after the judgment is entered against the debtor, provided that the debtor has not appealed or moved to set the judgment aside. The lien is then sent to the register of deeds for recording in the county where the debtor lives.
A lien is a persons interest in another persons property to guarantee that the property owner repays a debt. The lien can prevent the person from selling his or her property and taking the money without paying back the debt.
How Can a Lien be Placed on Your Property Under the Michigan Construction Lien Act? Under MCL 570.1107, every contractor, subcontractor, supplier, or laborer who provides an improvement to real property has the right to a lien upon the rights of the owner or the lessee who contracted for the work to be performed.
A lien is a persons interest in another persons property to guarantee that the property owner repays a debt. The lien can prevent the person from selling his or her property and taking the money without paying back the debt.
Any claim for lien must be recorded within 90 days after the contractors last date of work on the project and the lien claimant has 1 year to file a lawsuit.

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