Legal Question in Credit and Debt Law in Arkansas
can collector put lien on property in trust
I am trying to protect my mobilehome from having a lien placed on it by an attorney suing me for fees. I am going to change the title to my mothers name in trust for me. Can the creditor still put a lien on it and/or collect from me if I were to inherit the mobilehome through the trust later on?
Asked on 9/03/04, 6:42 pm
1 Answer from Attorneys
Joel Selik
www.SelikLaw.com
Re: can collector put lien on property in trust
Yes the creditor can. Transfering the property for less than value when you have a debt is a fraudulent transfer.
Answered on 9/04/04, 7:50 pm