• obviouspornalt@lemmynsfw.com
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    8 months ago

    I’m wondering what priority the state has over existing lienholders. If State has priority, then some banks may be about to get hosed.

    • fine_sandy_bottom
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      8 months ago

      Doubtful. That would penalise the banks, which is a no-no, economically speaking.

      They can force sale but the banks get first cut.