Share post
Share
Debt Consolidation Forums Debt Problems forums

What is attachment lien?

Date: Tue, 05/30/2017 21:06
member profile picture
Posts: 1
Credits: 0
[Donate]

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.

Sub: #1 posted on Wed, 05/31/2017 - 07:05

Barbara Delinsky Barbara Delinsky

(Posts: 432 | 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.

Sub: #2 posted on Thu, 06/01/2017 - 05:44

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )

What about an out of court settlement as a remedy... Any takers?

Sub: #3 posted on Sun, 06/04/2017 - 20:19

paulcahill80 paulcahill80

(Posts: 2359 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 2.451 seconds.