Legal Question in Bankruptcy in California
lein
can a creditor put a lein on your home? If so will filing a chapter 7 lift that lein?
Asked on 5/14/03, 7:20 pm
3 Answers from Attorneys
Morgan Holland
Law Office of R. Morgan Holland
Re: lein
Timing can be critical to the success of an application to remove the lien as well if you are in an area where the real estate market is appreciating. I recently counseled a fellow who did not move to avoid the lien right away and due to appreciating markets got stuck with a $7000 lien that probably could have been removed earlier.
Answered on 5/15/03, 12:13 pm
Mark Markus
Law Office of Mark J. Markus
Re: lein
Yes, any judgment creditor can put a lien on your home. It may be removeable depending on the value of the home and amount of senior liens and encumbrances.
Answered on 5/14/03, 7:26 pm
Alvin Tenner
Law Office of Alvin G. Tenner
Re: lein
Yes, but it may be removable.
Answered on 5/14/03, 7:55 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
