Another fucking disaster, I think.
The hospital just slapped a lien on my house. That means its encumbered for significantly more than it's worth. I'm trying to figure out if this completely fucks up all my plans (which involved selling it and moving).
Then I realized that there are things I don't know about finance, law, and real estate (which a lot like me saying there are "things I don't know" about nuclear physics). Maybe some of you do know, or maybe it all about peculiarities of the particular State laws.
Does the lien prevent the sale of the house? Let us say I can sell the house for 200k, and I owe (in order of legal precedence), 50k on the mortgage, 150k to the IRS, and then another 100k to the hospital. If I'm willing to get out of dodge clearing off the first two debts and declaring bankruptcy to get rid the last (I hadn't wanted to do that, but they're leaving me few other choices), would a prospective buyer, seeing those liens, run for the hills, or consider that it isn't his problem?
And, if I DO file for bankrucpty (in Nevada there is thing called "medical bankruptcy, I don't know if it exists everywhere, or how it works; I'll be finding out), does that make the hospital lien vanish?
If someone can tell me how this works, it will either get me out of this damned funk that's been interferring with my work for the last week, or at least tell me that I have reason for the funk and can now try to figure out my next step.
Or, alternately, if you happen to be a movie or TV producer, the price of rights for a Vlad novel or TV show is about three hundred thousand. The line forms on the right.
Then I realized that there are things I don't know about finance, law, and real estate (which a lot like me saying there are "things I don't know" about nuclear physics). Maybe some of you do know, or maybe it all about peculiarities of the particular State laws.
Does the lien prevent the sale of the house? Let us say I can sell the house for 200k, and I owe (in order of legal precedence), 50k on the mortgage, 150k to the IRS, and then another 100k to the hospital. If I'm willing to get out of dodge clearing off the first two debts and declaring bankruptcy to get rid the last (I hadn't wanted to do that, but they're leaving me few other choices), would a prospective buyer, seeing those liens, run for the hills, or consider that it isn't his problem?
And, if I DO file for bankrucpty (in Nevada there is thing called "medical bankruptcy, I don't know if it exists everywhere, or how it works; I'll be finding out), does that make the hospital lien vanish?
If someone can tell me how this works, it will either get me out of this damned funk that's been interferring with my work for the last week, or at least tell me that I have reason for the funk and can now try to figure out my next step.
Or, alternately, if you happen to be a movie or TV producer, the price of rights for a Vlad novel or TV show is about three hundred thousand. The line forms on the right.