Legal Question in Real Estate Law in Maryland

Sale of Lien to Collect Judgement

Dear Attorney's of LawGuru,

I've obtained a lien on my debtor's home to collect judgement.

I was wondering if I could sale my lien on the home to a realty investor to collet my judgement?

This may sound wrong to some but, is it legal?

Do I need to file a writ of execution before I can sale my judgement or would this be the responsibility of the purchaser?

Thanks for advice, Fay


Asked on 3/02/06, 3:42 pm

1 Answer from Attorneys
Robert Sher Wagshal and Sher

Re: Sale of Lien to Collect Judgement

Yes, judgments can be assigned and there are companies and people who are in business to buy claims and judgments from creditors--at a deeply discounted price, of course.

Read more
Answered on 3/02/06, 4:56 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Maryland