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Lawsuit question?

Date: Tue, 08/10/2010 - 20:43

Submitted by anonymous
on Tue, 08/10/2010 - 20:43

Posts: 202330 Credits: [Donate]

Total Replies: 3


I'm trying to figure out some answers. If the creditor decides to take legal action:

1) If I am self-employed, they wouldn't be able to garnish wages as I do not receive a paycheck, correct?

2) If my husband and I have a home, but the mortgage is in his name only, would the creditors be able to place any type of lien on the property since the mortgage isn't in my name?

Thanks in advance!


Quote:

If I am self-employed, they wouldn't be able to garnish wages as I do not receive a paycheck, correct?
The creditor can garnish if he has knowledge of your bank account.

Quote:
If my husband and I have a home, but the mortgage is in his name only, would the creditors be able to place any type of lien on the property since the mortgage isn't in my name?
No, the creditor cannot put lien on the home if the mortgage is in your husband's name only. However, this can also depend on the state laws. If your's is a community property state, things can be handled differently.

A community property state is that where both the spouses are held liable for the debt incurred by the other during the marriage.


lrhall41

Submitted by SC on Wed, 08/11/2010 - 04:55

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