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How to Remove a Lien?

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How to Remove a Lien?

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Liens are typically placed on your property as a condition of repayment. Naturally, you can remove a lien on your property by fully paying off the loan or debt attached to the asset. If you have a lien placed on your property because of an unpaid debt, you may be able to have the lien released by simply making payment arrangements. Once a lien has been placed on your property, it’s up to the lien holder to decide when to remove the lien. You must satisfy the lien holder’s requirements and receive a lien waiver to remove a lien from your property. Even when the lien is lifted from your property, it may still be included on your credit report for up to seven years. A paid lien looks better on your credit history. An unpaid lien, on the other hand, can keep you from getting credit cards, loans, and even jobs.

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