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Can a creditor take your house for an outstanding debt if you are on disability?
Wiki User
∙ 17y ago
In almost every US state and in most circumstances a creditor can execute a judgment as a lien against real property, perfect the lien and then request the court to order a forced sale of a primary residence. In the majority of situations the homestead exemption protects a primary residence from a forced sale. Even if when the homestead exemption does not provide adequate protection it is extremely rare for a creditor to attempt the action and very unusual for the court to grant a forced sale. A home that is jointly owned by a married couple as Tenancy By The Entirety cannot be attached by a creditor judgment if only one spouse is the debtor. All disability benefits are exempt from creditor garnishment under federal and/or state law. To assure there is not garnishment/or levy possible, disability benefits should not be commingled with other funds deposited in checking or savings accounts.
Wiki User
∙ 17y ago
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In Missouri can your disability benefits be garnished for creditor debt?
No. All disability benefits whether private, SS or RRB are exempt from creditor action for debt(s) owed.
If a relative who is on the deed to your house owes an outstanding debt can the debt collector put a lien on your house?
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Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Does your credit score go up after you pay off outstanding debt?
Yes, but only if it is with the original creditor and not a collection company.
Is the original creditor required to notify you of debt before using a third party collection agency?
Yes, the original creditor should have notified you that you had an outstanding balance. The creditor also notifies you that they will be submitting your debt to a "third party" collection agency. This is usually the final notice before your debt is sold. If you never received a notice, it is not required that the original creditor send you notice, all it is is common curiosity that they do.
In Ohio does a spouse assume partners debt that was incurred before the marriage?
No. Although the spouse can be affected by the outstanding debt when applying for joint credit or if a joint bank account is levied by a judgment creditor.
If you pay the same bill twice using your debit card can you get your money back?
yes you can, if there are no outstanding payments. otherwise, your creditor might apply the second payment towards the outstanding debt. that is the easy way out for them.
Can Social Security Disability benefits be garnished in Utah?
If the debt relates to tax arrearage and/or child support then yes, SSD benefits can be garnished via a court order. SSD cannot be garnished for creditor debt.
Can a debt collector come to your house without prior notification?
No he certinally CANNOT. It's not allowed. Not legal.
What are the North Carolina laws on social security disability and veteran's disabilty?
State laws do not govern SSD or Veteran Disability benefits. Such benefits are protected under federal exemption laws and are not subject to attachment for creditor debt only.
Can a debt collector execute a judgment against disability benefits for debt owed?
No, disability payments are exempt from creditor judgment. You should, however, never have monies commingled in a bank account to avoid the possibility of judgment levy upon said account. All disability payments should be held in a single account belonging to the beneficiary or the beneficiary's appointed trustee.
What is does it mean for an original creditor to recall their collection?
Recall of a debt by a creditor is when the original creditor asks for the debt to be returned to them after they have sold it, often to a collection agency. This may occur if the debt has not been collected for a certain amount of time, and the debt will be sold to another agency to collect, or if the debtor offers the original creditor a settlement.
