Legal Question in Credit and Debt Law in Massachusetts
Remove lien
How do I go about removing a lien from my house? Do I need to contact an attorney? Should I negotiate with the bank?
1 Answer from Attorneys
Re: Remove lien
You should definitely contact the bank and attempt
to negotiate. Ask them to accept a smaller figure
in order to save them time and the expense of their
having to hire an attorney to bring foreclosure
proceedings.
Of course, the nature of the lien may make a difference
in your approach. If you protest the amount of or the underlying reason for the lien, you can advise the
that you intend to bring your own action to vacate or
protest the lien. In that case, you would want to
hire your own attorney.
Most financial institutions prefer to save time,
as well as attorney and court costs. Even if the
lien is valid, you can avoid paying interest and court
costs by paying it prior to their beginning to enforce
it.
Feel free to call me at 401-885-7200 if I can be of further
assistance.