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Can you put a lien on bank account or house for money owed to you if said property and accounts has been placed in name of spouse only after debt was incurred?
Wiki User
∙ 15y ago
You would need to obtain a court judgment first. In addition to providing proof of the debt owed, you should provide the court with information regarding the transfer of the property and ask the court to consider it a fraudulant transfer to avoid a creditor. The court may agree with you and issue the lien.
Wiki User
∙ 15y ago
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What accounts might be placed first in a proper journal entry?
Typically, the accounts that are credited are placed first in a journal entry, followed by the accounts that are debited. The credit account is listed on the first line with the credit amount, and the debit account is listed below with the debit amount.
If a creditor placed a levy on a bank account can other accounts current and future be suject to the levy?
current accounts not future unless they refile again
What happen to property when a heir can not be find?
When a person dies owning property and there are no known heirs the property 'escheats' to the state. If one of several heirs can't be found their portion can be placed in an interest bearing account supervised by the court. If there is real property involved the executor must obtain a license to sell the real estate and the missing heirs portion can be placed in an account as stated above.
Revenue and expenses accounts are called temporary accountsidentify and provide two temporary accounts other than the one mentioned above?
revenue account are placed on the post closing trial balance
Can a parent who under federal custody property be used to pay back child support?
Liquid assets (bank accounts, etc.) can be seized for unpaid support. Liens can be placed on real property.
Can a lien be placed on a joint account in which you are the secondary owner?
Liens are not placed upon bank accounts, they are legal instruments used to secure an interest in real property for repayment of debt. Bank accounts (even those jointly held) are subject to levy by a judgment creditor in all states. A joint bank account will be "frozen" by the court before any monies are withdrawn to allow a non debtor account holder to provide proof of what percentage of the funds belonging to them. The exception to levying of bank accounts by a judgment creditor are: If the account holds exempted funds such as SS benefits of any type; or other types of disability or pension benefits that are exempted under state or federal law such as RRB/RRD. If the account is held jointly by a married couple as Tenancy By The Entirety (TBE) and only one spouse is the judgment debtor.
Can a lien be placed on your personal property by a credit card company if the account is in arrears?
A creditor must follow due process as prescribed by the laws of the state where the debtor resides. For a lien to be placed against real property the creditor must first sue the debtor, be awarded a judgment and enforce the judgment as a property lien.
Can a judgment lien be placed against property that is in escrow?
It depends upon the nature of the lien and who is the holder of the escrow account. If the property is being held in escrow by the lender, then yes, the placement of a lien is possible.
Can a spouse have her name placed on your credit cards as a second card holder with out your authorization Can you be held financially liable for her debts in Florida these were not joint accounts?
Under Florida law a spouse cannot be held liable for debt repayment if the debt was not jointly incurred. The issue concerning the second card holder will need to be taken up with the creditor. If the couple were still legally married at the time, the creditor will probably accept the spouse's right to use the account. In which case the account holder will be held liable for all charges pertaining to the account in question.
Can a bank go after your husband if you consolidate your own credit card debts?
If you reside in a CP state all debts incurred during the marriage are considered joint regardless of which spouse is the account holder. If the debts were made by the debtor spouse before the marriage the 'innocent' spouse is not responsible for the debt(s). However, the joint marital bank account can be levied and/or liens placed against real property to the extent of the ownership of such by the debtor spouse. In non-community property states, the spouse who is the account holder is the only person responsible for the debt. However, a joint bank account not held as TBE can be levied by a judgment creditor as well as an encumberance of a lien against jointly owned marital property unless it is also held as TBE.
What is a Income Tax Lien?
This is when a lien is placed upon the property of a taxpayer in order to collect an amount owed to the Internal Revenue Service. The IRS can place a lien on bank accounts, real and intangible property, and can seize 55% of your gross income.
Can a levy be placed on someone's bank account for Child Support in NJ?
There are many administrative processes that can be done for arrears of back child support. In NJ as well as the rest of the United States, a levy can be placed on bank accounts and assets of the person who is in arrears.
