25SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Derek San Filippo Derek is a freelance writer who spends his off time either working with his rescue animals or writing children’s books. He lives in San Diego with his beautiful wife … Web: www.financialfeed.com Details Ever heard of a lien? It’s probably a good thing if you haven’t. A lien, with regards to your home, is a declaration against your home, stating you owe a creditor money. Liens take two forms, voluntary and involuntary. Involuntary leans have more to them since there are more ways to get them.Voluntary LienIt’s not unheard of for money lenders to ask their customers to put a lien on their property. You can think of it as an incentive. Should an individual not make payments on a home or vehicle, the creditor can foreclose on the home or repossess the vehicle. This is a best-case scenario. Outside of voluntary liens for money borrowed on property and vehicles, there is another voluntary lien most of us hope no one need go through.Family Law Real Property LienThe concept is easy enough. Should you need to retain a lawyer for divorce proceedings, and simply don’t have the money, it’s possible they might allow a FLARPL (Family Law Real Property Loan}.Basically, if you have enough equity, a lawyer might agree to work for you assuming they will get paid upon the sale of your property.Involuntary LienThe name doesn’t leave a lot to the imagination. This lien exists after a creditor has taken legal action against the borrower. There are several common types of involuntary liens.Property Tax LienShould you not pay or refuse to fork over property tax, the government has the right to sell your property in order to make up the money owed. According to Attorney Cara O’Neill, it is possible to “pay the taxes and costs and get your property back even after the ‘sale.’”Tax LienThis is very similar to a property tax lien. In short, the government can put a lien on your assets should you not pay your taxes, e.g., your income tax. According to Investopedia, this is “a last resort to force an individual or business to pay back taxes.”Mechanic’s LienThis is also called the materialman’s lien. This will happen if you’ve had some renovations done to your home and haven’t paid the contractor. The contractor could force the sale of your home should they win their lawsuit against you.Child Support LienIf you owe a substantial amount in child support payments, it’s possible for your ex to put a lien on your property. Until you sell or refinance, a forced sale is implemented, or you pay your back debt, the lien will remain and could impact your ability to, for example, refinance.
The East Java administration has prepared 120 new isolation wards to add to the existing facilities in 44 referral hospitals in the province in anticipation of the novel coronavirus (COVID-19) outbreak.Twenty of the new isolation wards are in Soetomo Public Hospital and 100 others in the new building of the Menur Mental Hospital, both in the provincial capital of Surabaya, East Java Governor Khofifah Indar Parawansa said.“This [the additional wards] is aimed at heartening the people so that they won’t feel worried,” Khofifah told reporters on Monday. East Java’s task force for COVID-19 mitigation had formed a mobile team comprising 30 physicians with expertise in communicable diseases who were ready to give medical assistance for coronavirus-related cases in hospitals that lacked qualified medical workers, she said.With the team’s establishment, Khofifah said he hoped the 44 referral hospitals would be able to function better in handling COVID-19 cases.As of Tuesday, Indonesia recorded 172 confirmed COVID-19 cases, five of which turned fatal. The cases were recorded in several provinces, including Jakarta, East Java, West Java, Central Java and Bali.Health Ministry Disease Control and Prevention director general Achmad Yurianto said on Tuesday the ministry found six confirmed cases reported by Airlangga University Hospital in Surabaya, East Java. Read also: Regions close schools, cancel public events because of COVID-19Khofifah said that as of Monday evening, at least 18 people in the region were under monitoring while six other people have been suspected of having been infected by the coronavirus.Earlier on Sunday, Khofifah instructed school authorities to suspend activities for the next two weeks starting on Monday. The governor also ordered local administrations in the province to implement social distancing measures that included restrictions against mass gatherings.The East Java administration previously announced that two of seven people who had been in contact with a COVID-19 patient who died at a Surakarta public hospital in Central Java last week had been sent to isolation wards in two different hospitals. The two people were the late patient’s wife, who was admitted to Mediun Soedono Public Hospital, and their son, who was admitted to Malang Saiful Anwar Public Hospital.The sample tests of the mother and son came out negative for COVID-19, Khofifah said. (syk)Topics :