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Oct 25th, 2006, 10:47 AM
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#1 |
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Junior Member
Last Online:
Oct 25th, 2006 11:00 AM Join Date: Oct 2006
Posts: 1
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Closing and Lien
I have an old debt that has popped up during preparations for closing on the sale of my home. In 1996 the debt was about $3,500. There was a legal judgement and a lien was filed against my home. As we are about to close, the debt is showing as over $8,000. I want to know if there are any laws governing interest being charged on judgements where a lien is filed on property.
I am in Oklahoma. Thanks for your help. |
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Oct 25th, 2006, 03:27 PM
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#2 |
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Posts: n/a
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The judgment should have cited what interest rate governs. Otherwise there is normally one rate applied and your local court can confirm what it is.
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