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If a junk debt buyer Unifund CCR Partners a judgment against you can they take property and investments held jointly with your boyfriend?
Wiki User
∙ 12y ago
If a junk debt company takes you to court, GO TO COURT ON THE SCHEDULED DAY. If you don't show up the court will automatically judge against you.
Junk Debt Collectors buy debt for pennies on the dollar and try to collect the full amount. In most cases the debt they are buying is either past the statute of limitations (meaning you don't owe it) or has already been settled (meaning you don't owe it).
They started calling me for a student loan that was paid off over a ten years ago. Tracking down paperwork is a NIGHTMARE. I've spent hours gathering proof to get these leeches to go away.
You have LOTS of rights and can protect yourself. The law that protects you is the FDCPA (Fair Debt Collection Practices Act). Google it and find out the full extent of your rights.
First of all DO NOT PAY THEM ANYTHING and do not admit to them the debt is yours until they prove to you that it is YOUR debt AND that they legally are the people you should be paying. Also, tell them as little about yourself as possible.
If they did not notify you of a court date you can challenge the judgment -- but you may need a lawyer. Most states have consumer protection agencies that will help you for little or no money. In my state the Attorney General's office will act as an intermediary to help consumers.
I am not sure about taking joint property, but they could put a lien on your property. They would be more likely to try to garnish your wages.
Wiki User
∙ 12y ago
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Is a judgment against the person or property?
A judgment can be against either the person or their property. A personal judgment is against the individual's assets or income, while a lien on property is against the person's property.
What is the liability for members of partnerships?
There are two basic kinds of partnerships - general and limited partnerships:In a general partnership, the partners not only contribute money or property to the partnership, but they also participate in running the partnership's business.They are all considered "general partners", and every one of them can be held personally liable for a judgment against the partnership. That is, their personal assets can be seized to satisfy such a judgment if the partnerships assets are insufficient. What is more, general partners are jointly and severally liable, which means that a plaintiff, if he wishes, can recover the entire amount of a judgment from any single partner or combination of partners. (The partners who have to pay can sue the other partners for reimbursement of their share of the judgment).In a limited partnership, not all of the partners are general partners (although there must be at least one general partner, who is personally liable for partnership obligations just as in a general partnership). The limited partners are truly "silent" partners; they contribute money or property to the limited partnership, but they have no say in the running of the partnership's business, and they are not personally liablefor partnership obligations (i.e., their personal assets are protected from being seized to satisfy a judgment against the partnership.) Their liability for any judgment against the partnership is limited to the amount of their contribution to the partnership. So, while a limited partner could lose the amount of his investment in the partnership, that is all he can lose.
What is the symbol for Brookfield Property Partners LP in the NYSE?
The symbol for Brookfield Property Partners L.P. in the NYSE is: BPY.
Does a judgment act the same as a lien when you sell real property?
When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.
How can you find more information about property investments overseas?
Information regarding property investments overseas can be found on Property Frontiers, Property Community, Huffington Post, Mortgage Professional America, and Live and Invest Overseas.
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 a credit card company put lien on your property in California?
Yes, if the lender sues the debtor and receives a judgment award, the judgment can be executed against personal or real property owned by the judgment debtor.
Judgments - can a judgment be filed on a gifted property?
Yes. Your ownership status is just the same as if you had bought the property. Any legal judgment against you can attach to the property.
Can a judgment be assessed on an individual with no income other than social security and only asset is his home?
Yes. A judgment can be entered against a defendant but whether or not it can be enforced is another matter. Defendants of civil suits are allowed to protect a certain amount of personal (clothing, household goods, investments, etc.) and real property (houses, land, etc.). Social Security benefits of all types are exempt from creditor action. The judgment creditor can in most instances place a lien against any real property held by the judgment debtor. The laws of the debtor's state and the way the property is titled determines what if any action a judgment creditor can take against a home.
What are some standard life investments?
Some standard life investments include property in the form of homes or businesses as well as investments into a 401K which is an investment for retirement.
What is the market cap for Brookfield Property Partners LP BPY?
As of July 2014, the market cap for Brookfield Property Partners L.P. (BPY) is $4,808,170,675.08.
When a judgment is executed is it an 'automatic' lien on the debtor's property?
A judgment in most cases (except for small claims) can be executed as a lien against real property. It is not "automatic" the judgment creditor must file the judgment as a lien against property solely owned by the debtor or if the portion that is owned by the debtor when the property is jointly held. Judgment creditor liens cannot be placed against marital property held as Tenancy By The Entirety where only one spouse is the debtor.
