Sentence Examples

  • In some cases, rather than gain control over the property, the investor may be buying the lien to earn the interest that is accrued by the nonpayment of the tax.
  • Another government agency that usually has frequent seized vehicle auctions is the Internal Revenue Service (IRS), which often seizes vehicles as a method to collect for nonpayment of taxes.
  • Some families with independent incomes turn to lawyers or private collection agencies to find offenders and bring them to court for nonpayment.
  • Lenders use the LTV information to learn if potential losses can be recouped by selling the mortgaged home in the event of nonpayment.
  • There are a number of organizations that either repossess vehicles for nonpayment or seize vehicles for legal reasons.