Legal Question in Credit and Debt Law in New Hampshire
debt collection in new hampshire
I own a sub S corp. I personally guaranteed debts which are noe in collection. I am married. I have a mortgage but the house is in my wife''s name 100%. can the collectors put a lien on the house. If yes how can I protect against that
Asked on 12/05/07, 9:55 am
1 Answer from Attorneys
Roy Weddleton
Granite Law
Re: debt collection in new hampshire
It depends a bit on when your wife obtained sole ownership of the home; if you just did, it might be viewed as a fraudulent transfer. If the home has been in her name for a while then the creditor should not be able to attach the home. This answer is based on very limited information.
Answered on 12/05/07, 10:04 am