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If you own a house with your same-sex roommate if a creditor wins a judgment can they put a lien on the house if you owe a lot in mortgage and have very little equity?

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2005-11-17 16:46:47
2005-11-17 16:46:47

Sure, if a creditor wins a judgment they can attach any of your physical assets whether it's real property or personal.

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I don't think you can. You either has to be single or married to adopt. Just living together is neither. if you are in a samesex relationship and has gone through partnership might be possible though.

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If the judgment is open, you must pay before escrow closes on the mortgage. If the judgment cannot be satisfied, you must show an agreement with the creditor and at least six months of consistent payments.

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Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.

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Yes, in most cases such such action is possible by a judgment creditor.

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If "problems" means would the home be in jeopardy if a creditor sues and wins a judgment, it is possible. How the property is titled and state homestead laws determine what action a judgment creditor can take against a debtor's home not the mortgage agreement. For example, a home that is held jointly by a married couple as Tenancy By The Entirety is not subject to creditor action when only one spouse is the debtor.

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In an abstract judgment the grantor is the judgment creditor. The grantee of the abstract judgment is the judgment debtor.

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Means a judge's order you must pay a creditor. A creditor with a judgment can have your wages garnished to repay the debt.

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If a judgment creditor over charged you on a writ of garnishment increasing the interest and the amount to be garnished can the judgment be vacated?

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A judgment creditor can levy a bank account even if it is joint. A judgment creditor can only garnish income if there is no other way to recover monies owed. A judgment creditor can place a lien against real property but cannot perfect the lien as a forced sale of a primary residence. A judgment creditor cannot seize a tax refund.

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If the debtor defaults on a lending agreement the creditor can sue to recover monies owed and if a judgment is granted it can be executed against real or personal property belonging to the debtor that is not considered exempt. Generally the state's homestead exemption will protect a judgment creditor from being able to use a judgment as a forced sale of a primary residence. If the home is owned free and clear it does make a better "target" for a judgment creditor but it is a complicated and lengthy process and not always successful, given that, judgment creditors seldom initiate such action. The titling of the home may also help to protect a primary residence as well as the laws of the state in which the property is located.

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Any creditor who is owed money and for whom the contract has not been honored by the borrower can file for a judgment in Texas and every other state of the US. Whether or not the creditor will receive that judgment is a matter up to the courts, however the judgment typically goes in favor of the creditor.

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No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.

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Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.Yes. Your creditor can request a judgment lien and take any property you own to satisfy the lien.

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Not directly. However, if there is a balance owed on the mortgage once the property has been sold, it is possible in some states for a judgment creditor to seize monies from the account. Please keep in mind that 401K is better protected from creditor judgment by ERISA than an IRA which makes it unlikely that seizure action would occur.

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If the judgment is for state or federal taxes then any refund is subject to seizure by the agency holding the judgment. If it is a creditor judgment, a tax refund would only be subject to attachment if it were placed in a bank account that was being levied by the judgment creditor. I would consult with a tax attorney.

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Yes, Florida allows wage garnishment by a judgment creditor.

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Generally the creditor must obtain a judgment by suing the debtor. If successful the creditor must request a judgment lien. The judgment lien can then be recorded.

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Yes. The creditor could sue you in court and if successful will obtain a judgment lien that can be recorded in the land records. Once recorded you can't sell or mortgage the property until the lien is paid.

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The creditor (holder of the note) would need to file a lawsuit in the court of jurisdiction where the debtor(borrower) resides. If the creditor prevails in the suit a judgment will be entered against the borrower. The creditor can then execute the judgment in accordance with the laws of the debtor's state.

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Yes, if the debt is in your name and the property belongs to you. The creditor needs to sue you in court and win a judgment. It can then request a judgment lien and have it recorded in the land records. You cannot sell or mortgage your property until the lien is paid.

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