My understanding is the minimum acceptable bid on a property lien sale
would be the amount owed to the lien holder.
A storage company placed a lien on my unit and I received a letter today
that they accepted a bid of $1.00 and wanted me to pay them an amount covering two months rent with late fee.
The unit was sold on the last day of November. I recently became temporarily disabled and could not pay November's rent.
1. Is the minimum acceptable bid on a property lien sale being limited to the amount owed a matter of law?
2. Could accepting a $1.00 bid on a storage unit obviously of much greater value be charged in
any court in any way allowing me to collect attorney's fees and court costs?
would be the amount owed to the lien holder.
A storage company placed a lien on my unit and I received a letter today
that they accepted a bid of $1.00 and wanted me to pay them an amount covering two months rent with late fee.
The unit was sold on the last day of November. I recently became temporarily disabled and could not pay November's rent.
1. Is the minimum acceptable bid on a property lien sale being limited to the amount owed a matter of law?
2. Could accepting a $1.00 bid on a storage unit obviously of much greater value be charged in
any court in any way allowing me to collect attorney's fees and court costs?
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