Can creditors put a lien on personal property?

Hi Brysonite!

Welcome to forums!

If they file a lawsuit against you and file a judgment, then they will be able to garnish your wages. If they get a judgment, then they will be able to even place a lien on your house. If you do not show up in the court, then your creditor will get a default judgment against you.

Feel free to ask if you've further queries.

Sussane

If they get a judgment on me can they place a lien on my mothers house that I live in? If they can does this mean the judgment stays on the house until it is sold or can they make me sell the house to satisfy the lien? Thanks

Welcome Brysonite,

If the property is not in your name, then your creditors won't be able to place a lien on that property. Your creditors will be able to place a lien only on your property after they get a judgment from the court.

I was in the process of selling my home come to find out my husband had 2car reposession and it is showing as a lien on our personal property the liens together are almost 40,000 due to interest rates? What do we need to do, now we cant sell the house and property together because of the liens on the land

Hi Renee,

Unless the liens are paid off, you won't be able to sell off the land. Once you pay off the liens, you will get a lien release certificate from the lender and then you can sell off the land.

Thanks

contracted on july 13, 2011 for a roof. as of 10/26/2011...no roof, no nothing.company "trying to get our money back to us" in 30 days. what about a lien on them after that time??

this is a local company w/ 20+ years in our town.

Hi cjb,

You may be able to place a lien on them provided you file a lawsuit and receive a judgment against them from the court.

Thanks

roofing Company did not finish roofing job and did alot of damage to my property while roofing my home. They are demanding payment in full even thought they will not correct all the problems.

Hi dottieyoung!

Welcome to forums!

Unless they correct the problems, I don't think it will be a good option to pay off the dues. Nevertheless, have a word with an attorney and take his opinion in this matter so that you can decide what steps you can take.

Feel free to ask if you've further queries.

Sussane

I have people who work for a company, and the owner just lost his contract...he owes workers money for wages and myself 6,000.00 for a business loan....how do I get the money to his crew for wages, he is still owed a chunk of money at the end of the month froim the comoany he is contracted to?

Welcome Bubbles,

Your query has been replied to in the given page:
http://www.mortgagefit.com/credit/wages-business-startup.html

Take a look at it. I hope it will help you.

I want to file bankruptcy because I lost my home to foreclosure. My mom is planning on buying me another home that is foreclosed for $25,000. Can I put the house in my name or do I put it in both our names. Can the creditors take this home that my mom is going to buy me and can I purchase this home during bankruptcy. Someone please help

Welcome Sara,

It will depend upon your mother and you whether or not you will be put both the names on the property deed. Moreover, if you owe money on the foreclosed property, then there are chances that the lender will come after your new home if you include your name on the deed.

If a property is mortaged and has a 2nd SBA loan attached, can it be sold to satisfy these two claiments even if other creditors have liened the property