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Re: $250000 Judgement, Possible Rental?

December 29, 2016 01:24AM
Correct me if I'm wrong guys isn't the judgment debtor protected via (homestead) if the judgment creditor was to make an attempt to enforce there judgment and at the same time it would have to go through the judicial system to obtain approval to enforce the sale. At the same time the owner's can file for bankruptcy Ch 13 to payback arrears over a 3 to 5 year term and at the same time extinguish the judicial lien (250,000) using the exemptions that are provided by the bankruptcy code.

Edited 1 time(s). Last edit at 12/29/2016 01:29AM by Chops.
Subject Author Views Posted

$250000 Judgement, Possible Rental?

notconor 1076 September 10, 2016 09:49AM

Re: $250000 Judgement, Possible Rental?

Bill H 813 September 11, 2016 12:25PM

Re: $250000 Judgement, Possible Rental?

MarkS 781 September 12, 2016 09:14AM

Re: $250000 Judgement, Possible Rental?

Bill H 739 September 12, 2016 07:07PM

Re: $250000 Judgement, Possible Rental?

Chops 632 December 29, 2016 01:24AM

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