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Repossession
Co-signing
Liens

If you co-signed on a car and the primary went bankrupt can a lien be placed on your home even though your husband's name is on the house too?


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2006-09-20 15:45:57
2006-09-20 15:45:57

Yes, they can but first they have to sue you, have the court grant a judgment against you and utilize local law enforcement to deliver the judgment.

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Your mom will be responsible for the debt and if she does not pay it could affect her credit, she could be placed with a collection agency or sued in court.

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Yes. As the co-signer you guaranteed the loans would be paid. You are responsible for paying the loans if the primary borrower defaults. The lender can sue you and if successful it can request a judgment lien that can be recorded in the land records. You cannot sell or refinance your home until the lien is paid.

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Primary stress is where the word has its biggest concentration of sound. It is marked by an apostrophe placed at the beginning of the stressed syllable, and the apostrophe MUST be up-placed. Secondary stress is where the word has any sort of stress, yet it is not as relevant as the primary stress; the apostrophe is placed in the beginning of the stress syllable, but it MUST be down-placed. For example: in the word vaccination, it should be like this: [ˌvæk-sǝ-'nei-ʃǝn]. Where the "va" has the secondary stress, and the "na" has the primary stress.

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Not necessarily. A person of either sex, and of any sexual orientation, might have placed it there.


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