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car key

Fla. Stat. § 537.012 applies the repossession and disposal of pledged property. In the case of repossession, the term “pledge” is used to describe the motor vehicle which is the secured collateral for a motor vehicle purchased on credit. If a vehicle is purchased on credit, the lender holds contract…

tax liens

It is important that taxpayers negotiate with the IRS to pay any delinquent tax debt, preferably before the IRS places a lien on property or worse, seizes it pursuant to its statutory authority to levy property. The attorneys at Loan Lawyers may help any taxpayer negotiate a settlement with the…

tax

A federal tax lien is a legal claim by the federal government against a taxpayer’s property when he or she neglects or fails to pay a tax debt. After the IRS assesses liability by listing a balance due in its records and sending the taxpayer a Notice and Demand for Payment, it…

foreclosure

If a homeowner has received a foreclosure notice from a lender, such a sale may be postponed by the filing of a Chapter 13 bankruptcy case. A bankruptcy filing places the automatic stay in effect which bars most collection activities by debtors. The automatic stay prevents a lender from foreclosing…

car

The Florida Office of the Attorney General states that Florida law applicable to repossession of a motor vehicle by a secured creditor neither requires a court hearing nor written notice warning the consumer of imminent repossession. However, there are ways for consumers to avoid this situation and retain a motor…

credit card

Surprisingly, many individuals who prepare for filing a bankruptcy don’t know the difference between a secured debt and an unsecured debt. Whether or not the filing of a bankruptcy case is the ultimate goal, knowing the distinction between the two types of debts is significantly important. In Chapter 7 and…