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can they take your home

Date: Thu, 10/26/2006 - 13:10

Submitted by anonymous
on Thu, 10/26/2006 - 13:10

Posts: 202330 Credits: [Donate]

Total Replies: 2


Hi if you are brought to court by a creditor can they take your home if you own one???


Depends on your state's laws. Some states allow leins on homes and allow the person's account to be frozen or have a lein on the account. If a lein is put on your house usually if you try to sell it you have to pay off the debt or if you sell the house and you are getting funds out of the sale then what you owe towards the lein will be deducted from what you make from the sale. But each state's laws differ.


lrhall41

Submitted by WHEREAMI? on Thu, 10/26/2006 - 13:15

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