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Hello all,
If the debtor owns property in Dallas, Texas, a creditor can place a lien on a debtor's home because of a civil judgment against the homeowner, a tax debt or a mechanic's lien. A judgment lien is the result of a civil lawsuit ordering the defendant to pay the creditor for damages. A lien pays the creditor a portion of the property's value to repay the debt if the debtor sells the property. A judgment lien is beneficial because it puts a creditor ahead of any subsequent claimants with an interest in, or right to, the debtor's property.
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Gregorys simp
Posted : 13/02/2013 5:00 am