Massachusetts Lien Release Lawyer Helping Clients Seek Financial Relief
The creditors in Massachusetts will go to great lengths to collect money from debtors. One tool that creditors use is a lien. A lien is a legal claim against a certain asset that allows a creditor to seize the assets if the debtor defaults on their debt. If there are liens on your property, it’s important to understand your rights and legal options. Discuss your case with an experienced lien release attorney at Benner Law.
Schedule a free consultation with our lien release lawyers by calling 774-404-8321 or submitting your information using the form on this website.
What Are the Different Types of Liens?
There are many different types of liens, including:
- Voluntary or consensual lien: Both the debtor and creditor agree to this type of lien, which is put on the property that is being used to secure a loan.
- Involuntary or statutory lien: This type of lien is put on the debtor’s property after they default on a debt. A creditor must take action in order to put this type of lien on the debtor’s property.
- Judgment lien: This is a lien that is placed on the debtor’s assets by the court, typically after a lawsuit with a creditor. The purpose of this lien is to help the creditor collect the money that the debtor owes.
- Tax lien: If you fail to pay taxes, the government may put a tax lien on your property.
- Mechanic’s lien: If you fail to pay a contractor for work performed on your home, they may put a mechanic’s lien on your property.
These are some of the many different kinds of liens that may be placed on your property by creditors in Massachusetts.
How Can You Get Rid of Liens?
There are several ways to get rid of liens and protect your property. Of course, paying the creditor the amount that is owed is the easiest way to get rid of a lien. But if you are struggling financially, this is probably not an option.
Another option is to settle with the creditor for less than what is owed. Benner Law can aggressively negotiate with the creditor to make the debt more affordable. If the creditor agrees to lower the debt, you can get rid of the lien by paying the new, lowered debt.
Filing for bankruptcy can also help you deal with liens on your property. If you file for Chapter 7 bankruptcy, you can typically pay the holder of the lien the lesser of the amount still owed or the value of the property in order to release the lien.
These are some of the many options that are available. If there are liens on your property, find out the best way to get them released by talking to us today.
Set Up A Free Strategy Session With Benner Law Now
Are there liens on your property? The skilled lien release lawyer at Benner Law has decades of experience helping clients eliminate their liens and secure their financial freedom. Talk to us about your unique financial situation today. We will help you explore all of your legal options and find the solution that is right for you and your family. Call 774-404-8321 or fill out the form on this website to set up a free strategy session with us today.