A lien is a legal filing through which a third party lays claim to certain assets, such as a person’s home, until an amount owed to them is paid.
There are mechanic’s liens, judgment liens, and tax liens, any of which could be applied to a person’s home. A lien is a document serving as notice that a significant amount of money is owed to a third party and that certain assets of the debtor may be used to cover the obligation, becoming the property of the lien-holder if the debt is not paid in time.
There are three main types of liens, any of which can be placed on a home. A mechanic’s lien is a way for contractors to make sure they are paid for the work they have done on a home. A judgment lien may be applied by a judge if a settlement cannot be paid up front, or by a lawyer if their fees might go unpaid.
A tax lien can be placed on property by federal or state agents if a person is delinquent on their taxes.
Choosing the Life Only option will turn your annuity into income that will be paid only to you for as long as you live
A 401(k) plan Administrator will usually be an officer of the Employer sponsoring the plan
While you are working for your employer, you typically may not withdraw money from your Defined Benefit Plan
In contrast to the term “home owner,” home debtor is reserved for those who will seemingly never be able to pay off...
Acquisition Accounting is a standardized way to account for the assets and liabilities of companies who are part of a M&A
Investing in a private placement opportunity is done off-exchange, and usually involves a small number of investors
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Market Equilibrium occurs when supply and demand are in balance, and a trend is relatively horizontal or sideways in trading
In order to solicit orders for any type of security, a broker or representative must pass the Series 63 examination, in addition to the Series 6 or Series 7.
Momentum trading usually involves long positions in a security that has been experiencing an uptrend and high trading