Lien Enforcement There are circumstances the place a debtor, for no matter cause, refuses or neglects to pay taxes or one other kind of legal responsibility. In these cases, a civil motion could also be filed in a courtroom of the US. That is performed to implement the lien with respect to the tax or…
Tag: Redemption
Equity of Redemption and Law of Mortgages
Mortgages provide for the repayment of the loan on a specified date. The effect of failure to redeem on the due date meant that the legal right of the mortgagor to extinguish the mortgagee’s rights had gone forever, and in addition, the mortgagee could sue for repayment of the loan. This did not appeal to…