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What is attachment lien?

Submitted by NYsam on Tue, 05/30/2017 - 21:06

One of my creditors have submitted an attachment to the court. What does this mean? Will I lose my properties?

Actually an attachment lien is a provisional charge upon real or personal property granted by a court order. As per the order, the properties mentioned there must be transferred to the creditor, or sold for the benefit of the creditor.

I am afraid to tell you that you may going to lose your properties.

Submitted by Barbara Delinsky on Wed, 05/31/2017 - 07:05

Barbara Delinsky

( Posts: 433 | Credits: )

You can negotiate with a judgment creditor. A reasonable offer might stop a lien. You can also contact a counseling agency to help you negoiate and set up a repayment plan at the same time.

Submitted by Good Nelly on Thu, 06/01/2017 - 05:44

Good Nelly

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