Legal Question in Credit and Debt Law in Minnesota

We have a lawyer trying to collect a debt on an old fuel oil bill, we are financially strapped since I am not working due to my husbands health. He only gets Social Security every month and we are on food support, fuel assistance, and he also gets medical assistance along with his medicare.

The bill is just in his name and I do not think he can get anything from us money wise but I am worried he can put a judgement agalnst our place that we are buying. We are buying this old mobile home with 4 acres of land from a private party on a contract for deed, the place is appraised at a little over 40,000, the debt last he sent a letter was 1250.00 and I would image growing more interest, the original bill was around 800.00. The guy we are buying from will be so angry if we get a judgement on this property. I read something about a homestead exemption and this place is homesteaded. So if I could hear back about this issue I would deeply appreciate it.

We have two letters from him and one I requested and that has been all I have heard and that has been almost 9 months ago back in april. He will have to take this to court and notify us first I am hoping. Thank you Nancy Hanson


Asked on 1/22/10, 11:12 am

1 Answer from Attorneys
Maury Beaulier612.240.8005 Minnesota Lawyers

Any creditor may sue to seek a Judgement for money owed. If a Judgement is acquired, it can be filed in any county where the debtor owns property. It would become a lien against the property that would have to be satisfied before a sale or a refinance could occur.

For Minnesota issues visit MinnesotaLawyers.com

Read more
Answered on 1/29/10, 10:24 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Minnesota