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If was a judgment against your wife before you got married will that affect you when selling your home?
Wiki User
∙ 8y ago
Any debts incurred by a person before marriage belong to them entirely, and will not affect the other spouse.
Wiki User
∙ 8y ago
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Can a trust's property be taken if one of the trustees has a judgment against him?
A judgment against the trustee in his individual capacity will not affect the trust property. A judgment against the trustee as the trustee will become a lien on the trust property.
Can they put a judgment against your property if only your nane is on the deed wife has a judgment against her?
It depends on your state: If you live in most community property states (Louisiana West through Texas, and on the California) a judgment against her may affect your property if it is deemed to be "community property" which is property acquired during the marriage. If you live in a common law state, and the state has maintained "tenants by the entireities" as the form in which married persons hold property, then the property is, in all likelihood, free from the lien of the judgment.
Does a lawsuit by debt collector affect credit score?
Yes, a lawsuit by a debt collector can affect your credit score. If the debt collector wins the lawsuit and obtains a judgment against you, it may be reported to the credit bureaus, which can negatively impact your credit score.
Can you write off a judgment on your taxes?
I assume the judgment is against you. If you held the judgment, you will have received money and that may or may not be income. If you pay a judgment against you, whether or not you can "write it off" will depend entirely on what kind of judgment it is. Also, you may be able to write it off for state tax purposes but not federal and vice versa. Usually, paying most judgments does not affect taxes.
How do you avoid paying the interest charges on a judgment for 5000 that has been in affect for 5 years?
The only thing you can do is to make an offer to the person or agency that hold the judgment against you. But you should know that they do not have to accept your offer.
If you had a judgment against you from an accident from five years before you were married just handed down now would this affect your husband?
No. It might however create difficulties if you apply for joint credit or mortgage. This does not necessarily mean a financial agreement would not be approved, simply that an explanation might be needed.
How does a late payment on an apartment lease affect your credit rating?
Late Payment on Apartment LeaseA lease will not show on your credit report; unless there was a judgment against you.
What is the second thing alcohol affect?
A judgment.
If you have a default due to someone sueing you how does that affect you?
A 'default judgment' is awarded to the plaintiff when the defendant does not appear in court to defend themselves against the claim. If the judgment was awarded to them in your absence, then you are required to obey the courts finding. Depending on what the claim was for, and in what amount, they may be able to seize, or place a lien against, property of yours equal in value to the claim they won.
How does alcohol affect your senses?
it alters ur perception and judgment
How long can a debt collector collect a debt from a judgment if you have moved to South Carolina?
In South Carolina, a debt collector has 10 years to collect a debt from a judgment. This time frame starts from when the judgment is entered. After the 10-year period, the debt may no longer be enforceable unless it is renewed through legal actions.
Lien filed against you but no property If you now purchase property will the lien have to be satisfied whenif you sell it?
This may vary by state. If the lien is placed against YOU, that being your wages, then it does not affect the property and it will have a clean title. If they file for a lien against your property, though, you will be required to pay off the lien before selling the property. I'd advise that you don't let the debt collector find out you have the property if you plan on selling it.
