Legal Question in Real Estate Law in Utah
judgements/eminent domain
My husband filed bankruptcy 5 yrs ago it was contested and he has a judgement against him for this/I didn't file bankruptcy, but I did have some cc in my name that had been used in the business - I chose to try to settle with the creditors. One creditor has a judgment against me and they have garnished my wages. Our home now may be taken for road construction. We have a homestead exemption in both our our names but we are concerned that we will lose most of the equity in our home? What can happen in this situation?
Asked on 10/28/07, 8:31 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: judgements/eminent domain
Any creditor with a judgment against you lodged in the county where you live will be entitled to payment from your equity.
Answered on 10/29/07, 10:10 am