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Can a credit card company put a lien on jointly owned property when only one person is the named debtor in California?
yes. as long as the debtor holds interest in the property at the time.
Can a debt collector take property titled in two names for one person's debt?
Maybe. It depends on what sort of property is in question, how that property is held by more then one individual, if the person(s) are married and if so whether or not they reside in a community property state. In CP states all property belonging to a married debtor can be seized even though only one spouse is the named debtor. In non CP states where only one spouse is the debtor joint property such as bank accounts can usually be protected from creditor judgments. When it relates to property jointly owned by a individuals who are not married the issue is more complexed.
Can you purchase a house jointly with another person?
Yes, you can purchase a house jointly with another person. This means both parties share ownership and responsibility for the property.
Can an individual be held responsible for a girlfriend's debt?
Only if the person were a joint debtor. If the person did not jointly incur the debt nor enter into a financial agreement as a cosigner he or she is not responsible for that debt.
Can a judgment creditor foreclose on property jointly owned if only one person was named on the judgment?
No
Can a credit card company put a lien on jointly owned property when only one person is the named debtor in California?
yes. as long as the debtor holds interest in the property at the time.
What is jointly debtor?
When more than one person can be held responsible for repayment of a debt then each is a joint debtor.
Can a credit card company put a lien on a jointly owned property when only one person is named the debtor in North Carolina?
Maybe, it depends upon how the property is titled. Generally when a judgment debtor is married and the spouse is not a part of the judgment order, then real property cannot be attached by the judgment writ.
Can a debt collector take property titled in two names for one person's debt?
Maybe. It depends on what sort of property is in question, how that property is held by more then one individual, if the person(s) are married and if so whether or not they reside in a community property state. In CP states all property belonging to a married debtor can be seized even though only one spouse is the named debtor. In non CP states where only one spouse is the debtor joint property such as bank accounts can usually be protected from creditor judgments. When it relates to property jointly owned by a individuals who are not married the issue is more complexed.
Can you purchase a house jointly with another person?
Yes, you can purchase a house jointly with another person. This means both parties share ownership and responsibility for the property.
Can a judgment creditor foreclose on property jointly owned if only one person was named on the judgment in Missouri?
Generally, it can only take the interest of the debtor and not the co-owner. In the case of married couples, Tenancy by the Entirety property is fully exempt from creditors of one spouse and property owned by married couples is assumed to be held as tenants by the entirety.
Can an individual be held responsible for a girlfriend's debt?
Only if the person were a joint debtor. If the person did not jointly incur the debt nor enter into a financial agreement as a cosigner he or she is not responsible for that debt.
Can I refinance a jointly owned home without the consent or signature of the other person who jointly owns the property and is also on the deed?
You can only encumber your own interest in the property. You cannot affect the co-tenant's interest in the property without their consent.
Can a judgment creditor foreclose on property jointly owned if only one person was named on the judgment?
No
If a person dies intestate in Pennsylvania and owns property in Virginia which states laws govern?
Generally, the laws of the state where the property is located apply. If a person who lives in New York dies intestate owning real property in Massachusetts then Massachusetts laws of intestacy would govern the distribution of the property.
Can a credit card company put a lien on jointly owned property when only one person is the named debtor in Florida?
A lien is possible but it could not be used as a forced sale for recovery of monies owed. The lien would stay valid until paid or the person whom the judgment was against died. The aforementioned does not relate to marital property as Florida law allows and presumes that a married couple holds real property as Tenancy By The Entirety and cannot be attached in any manner when only one spouse is the debtor.
Can someone put a lien on your house in Michigan?
If the person or business that is owed money wins a lawsuit against the debtor/borrower a judgment will be entered in favor of the creditor. A judgment can be executed in several ways the preferred methods being a wage garnishment or bank account levy. It is also possible for the judgment to be executed as a lien against real property either belonging solely to the debtor or jointly owned. Michigan is a Tenancy-By-The-Entirety state; real property owned by a husband and wife as TBE is not subject to lien placement or forced sale by an unsecured creditor if only one spouse is considered the debtor. Individuals with legitimate claims against a person can place a lien on property. It is common for people doing construction and repairs to put a lien on the property to insure they get paid for the materials and work. The contract for such work will normally include a clause that allows this.
