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Old 04-12-2008, 10:18 AM
KayBee KayBee is offline
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Join Date: Apr 2008
Posts: 38
Question Default on Payment Plan

Hello everyone. I'm brand new to the message boards, so if this question has already been discussed, I apologize.

I have a couple of tenants who avoided lien sale by making a lump sum payment right before the auction and signing payment plans for the remaining balances. They have both defaulted on those plans. In fact, in each case, they apparently had no intention of following through. I suspected that at the time, but figured that a lump sum payment was better than the pittance I would have gotten from the sale.

What I would like to know is, since they have already been through the lien process my state requires, can I now simply set an arbitrary date and auction their goods? Or do I have to put them back through the whole lien process again? I can't find any reference to this situation in my state's lien laws. I sure would like to avoid the whole 60 day process again if I can do so without substantial risk. The payment plan stated that ifthey defaulted their good would be sold for costs but doesn't mention going through the whole process again.
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