0
How long can a lien be placed on a house or other asset due to an unpaid medical bill?
A judgment lien is good for around 20 years in most jurisdictions. It must be rerecorded every six years in Massachusetts.
What else can I help you with?
Is an unpaid house considered an asset?
Yes, an unpaid house is considered an asset because it holds value and can be sold or used as collateral for a loan.
Can your house be taken from you in Wa state for unpaid medical or credit card bills?
probably
Can you lose your house to settle unpaid medical bills?
Yes. That's why Insurance is a good idea. Even if you get Medicaid, at death they can get your house.
Can a creditor put a lien on your mortgage over a 2000 dollar unpaid student loan?
Yes. If you owe a creditor money and you have an asset (such as a house), a creditor can put a lien against your asset for any amount, even $1.
Is my house considered an asset even if I have a mortgage on it?
Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.
Are unpaid taxes listed online?
unpaid taxes are listed online under whatever house they are on
Is a house a liquid asset?
no
Is a house considered an asset?
Yes, a house is considered an asset because it has value and can be used to generate wealth or income.
Is a house with a mortgage considered an asset?
Yes, a house with a mortgage is considered an asset because it has value and can be sold for a profit.
Is your house considered an asset?
Yes, a house is typically considered an asset because it has value and can be sold or used to generate income.
Can you lose your house because you can't pay your medical bills?
Yes, indirectly. Your payroll and bank accounts can be garnished to the point of you not being able to pay your mortgage. Also the government can seize your house to settle unpaid tax debt.
Is my house considered an asset?
Yes, your house is considered an asset because it has value and can be used to generate wealth or provide financial security.
