If you don't get it, the full lien remains on your property, making it harder to sell or refinance. It's like trying to swim with weights—makes things much harder!
The processing time can vary, but typically it takes a few weeks. Patience is key during this process.
It may have an impact, but it's generally better than having a full lien on your record. It shows that you're actively managing your debts.
To request one, you usually need to submit a document to the court or the relevant authority that issued the lien, stating your case and including any proof of payment.