the vendor shall provide all personal, materials, facilities, equipment, supervision and other items or services necessary to provide title investigation reporting services for all type of properties which shall idenifiy at a minimum, all owners of record, lien holders
of record, bankruptcies, and a chain of title.
Mechanics lien holders
file against property owners of a project as protection against not getting paid by a general contractor or subcontractor.
The second lien holders
included entities with names such as 1903 Onshore Funding LLC, Cortland Capital Market Services LLC and Sankaty Credit Opportunities IV LP.
That person said RCS Capital, which came to prominence under the leadership of Nicholas Schorsch, has received approval from more than two-thirds of its first and second lien holders
, and from its unsecured debtholders who hold a majority of RCS Capital's outstanding debt, on the Chapter 11 terms.
BANKING AND CREDIT NEWS-August 19, 2015-Samson Resources restructures with lien holders
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Cohen argued that the amendment allows the client to get a lawyer for the lien negotiations, which can involve litigation in state, federal, and administrative law courts, with the same "skill set" as the lawyers for the lien holders
paragraph] A deed in lieu has historically been thought by lenders to increase the risk of affecting their ability to "wipe out" junior lien holders
through the normal process of foreclosure.
Therefore, the lien holders
agree to release their lien on the real estate and accept less than the amount owed on the debt.
The greatest potential for fraud is that time period when a DMV conducts its internal processes involving lien holders
, said Glenn Thames, president/CEO of Decision Dynamics, one of handful of national ELT providers.
Under state law, lien holders
are owed interest of 16 percent a year, an attractive rate, on unpaid taxes.
Those were not contested purchases but rather situations where legal hitches such as deceased property owners or non-responsive lien holders
were preventing the city from gaining clear titles.