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Can you protect your house from possible liens to debtors I have a judgment in the amount of 1991. Is there some type of coverage I can obtain to protect my home from a lien?
Wiki User
∙ 15y ago
File a homestead with the county.
Wiki User
∙ 15y ago
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What is a supercedeas bond?
Also called supersedeas bond, this is the security required by courts to protect judgment debtors from having their assets executed upon, while they appeal judgments against them.
Can you own a car if have a civil debt?
If someone has a civil judgment against you, it is possible that your assets may be ats risk. However, the laws of most states also protect a portion of your assets. The types an amounts of property that you can protect from a judgment creditor will vary be state. However, it is usually not very cost effective for a judgment creditor to go after the debtor's car. Having a civil judgment on your credit history will make it more difficult for you to get a car loan. It will be difficult, but not impossible.
What is purchased to protect owners against collision or theft?
Collision insurance coverage will protect your vehicle in the event you hit someone or are hit by an uninsured driver. Comprehensive coverage will protect you from theft, vandalism, etc. But always read the fine print to be sure.
What protection services does Solo Insurance provide?
Solo Insurance provides home and auto services to help protect any future in any unexpected situations. The company will aid individuals to get the lowest rates possible, tell them about what types of coverage does, and help protect assets.
What options do you have when an appeal court issues a default judgment against you in Michigan?
The only viable option is for the judgment debtor to protect as much personal and real property he or she owns. Exemptions for lawsuit judgments in Michigan are the same as those that are allowed in bankruptcy. It might also be possible for the judgment debtor to use non-bankruptcy federal exemptions such as SS benefits, government/military pension, etc.
Do you have to have full coverage on a sports bike if you get a bank loan or will liability due?
More than likely your lien holder will require you to carry collision and comprehensive coverage in addition to liability coverage, this is to protect them/their investment.
Can you drop your homeowners coverage?
No, it's required if you hold a mortgage. They insist on it to protect their investment.
How did Henry the 7th protect his kingdom from possible enemies?
How did Henry V11 protect the kingdom from possible enemies
Errors and ommissions coverage auto?
Errors and omissions coverage is a form of professional liability coverage that is required by all insurance agents and agencies to cover them for errors in doing their job. Other professions have similar if not the same coverage to protect them from errors at their profession. It is similar to medical malpractice coverage in type.
Can a landlord get sued because no product completed operations aggregate coveraged by the renters?
It is possible for a landlord to be sued if they do not have completed operations aggregate coverage provided by the renters. This coverage helps protect against liability for accidents or injuries occurring after work is completed. Without this coverage, the landlord may be held responsible for any damages or injuries that occur on the property.
How do you protect a checking account from being attached by a judgment?
Take all the money out and close it out as fast as you can.
What is included in Claim of Exemption for a civil judgment against you?
The defendant may list whatever real or personal property allowed under the laws of his or her resident state that is considered exempt. Usually the exemptions that can be used by the debtor defendant to protect property from a judgment creditor will be the same ones that allowed in bankruptcy with perhaps the addition exemption allowed under federal non bankruptcy laws. The matter can become rather complicated and is best handled by an attorney or a legal consultant that is versant in the state exemption laws. Generally the most important would be the homestead exemption, for those judgment debtors who own real estate.
