Notice of Lien Sale

What are Commercial Liens? Commercial liens are blanket liens placed on all the assets of a company and or corporation due to them failing to honor an obligation (the legal term is Default)thusly creating a debt. These liens are not specific such as mortgage liens in which a promissary note exist promising to pay X amount of dollars for X number of years with a certain percentage rate and debtor's signature against a specific address.

No the commercial lien is based on communications between parties spelling out what is to be done to satisfy the agreement and the financial consequences if it is not. This agreement would also include an interest rate to be added to the debt until the matter is paid in full or otherwise settled if a default is declared.

 Most are familiar with the Judgment Default in which an entity (individual, company, corporation, government representative, etc) fails to appear in civil court therefore a judge declares a default against the parties failing to appear. A lien is then placed on the defaulting party's assets preventing the sale of such assets as well as reflect on their credit rating (or credit score if an individual).

A Commercial Lien is also a default, a commercial default.  This default is based on the same priniciple as the Judgment Default, if a party fails to honor a contract (agreement) or fail to respond to charges made against them or organization point for point they are declared in default.  The default (Notice of Default/Lien) and any supporting documentation is filed with the state and or county bodies after 90 days had passed without the honoring of the agreement declaring the offending party's property attached with a lien.

A Commercial Lien carries the same legal weight as a Judgment Default and in some instances more.

Can a commercial lien be foreclosed on, meaning taking the possession of the property of the debtor to pay the debt owed? The answer is yes but most lienholders find it easier to sell the liens than to go through the process of filing additional documents with county sheriffs, (in some cases) county courts for a judge's signature, and or the United States Marshals office to enforce foreclosure on the property within their jurisdiction.

Are Commercial Liens legal? Yes and not just in the United States but Canada, the United Kingdom, and Australia!

Who buys Commercial Liens? Individuals,corporations, and even governments wanting to improve their credit rating by including liens as their assets. Lets not forget Hedge and Private Investment funds have done so. Commercial liens when they are seasoned, meaning the debt is older than 90 days, they are considered Accounts Receivables. Some Commercial Liens have attached bonds which makes them more valuable to certain buyers.

Need to sale a commercial lien??? Click Here

Below are available Commercial Liens for Purchase

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(1)
Seasoned lien filed against Washington Family Court Thomas J. Devine located at 255 North Main Street, 2nd Floor, Barrie, Vermont 05641. Lien is valued at $50,010,650. Make an Offer! (NEW)

Lien filed:
            New Hampshire Uniform Commercial Code



(3)
HSBC Bank Canada lien with bond* attached valued at $1,150,571,818.00 CDN (June 2009) accumulating 12% interest annually.The minimum the lienholder is willing to accept is 20% of lien value. Please remember this is a lien and can only be closed as a lien. (SETTLEMENT PENDING)

Lien filed:
Province of Ontario Minister of Consumer and Business Services Personal Property Security Registration System (Business Debtor)


(4)
Toronto Dominion Bank lien with bond* attached valued at $104,000,000.00  CDN accumulating 12% interest annually. The minimum the lienholder is willing to accept for lien is 25% of its value. Please remember this is a lien and can only be closed as a lien. (AVAILABLE)

Lien filed:
Province of Ontario Minister of Consumer and Business Services Personal Property Security Registration System (Business Debtor)

RE@EnglishFinancialAssociates.com

877-879-0938 (fax)

* Bonds are not for sale they will be surrendered to buyer upon purchasing of lien(s). Validity of  bonds
 

PLEASE READ
Before any documentation is provided a signed NCND form must be on file. NCND Form

We do not accept voice phone calls on liens.

Name:
Address:
City:
State:
Phone number:
Fax number:
Email Address:
Which lien are you interested in?	Thomas J. Devine Pipe Distributors, Limited Toronto Dominion Bank HSBC Canada Bank Both banks All of the above
What questions do you have?

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We do not accept voice phone calls on liens.

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EFA is NOT a Securities Dealer or  Broker or 

Investment Adviser. Nor does EFA make any

warranties or representations as to the Buyer,

Seller or Transaction. All due diligence is the

responsibility of the Buyer and Seller.