Re: code enforcement liens


Posted by Julio Martinez-Clark on February 28, 2008 at 10:57:52:
In Reply to: Re: code enforcement liens
Posted by Ernie on February 28, 2008 at 10:12:09:

Ernie,


In short, your answer is, it depends on the type of lien you are dealing with. For liens as a result of a voluntary debt with a creditor, the fact that the property is sold in foreclosure, only removes the collateral, but the contracted debt still exists between debtor and creditor.

In order to answer your question, I consider useful for you to understand the theory behind "liens." Wikipedia has a very good explanation of the topic at h-t-t-p://en.wikipedia.org/wiki/Liens


Julio Martinez-Clark


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