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Can someone who owes a large amount on a car loan be sued and have a lien placed against their home?

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βˆ™ 2006-08-02 12:52:20

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Yes. If the creditor wins a suit and receives a judgment the judgment can then be executed according to the laws of the state where the debtor resides. The judgment creditor usually has several enforcement options such as wage garnishment or bank account levy or seizure and sale of non exempt assets or lien against real property. In rare cases a lien can be used as a forced sale of a home or other real property belonging to the debtor.

2006-08-02 12:52:20
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