Can a Creditor Place a Lien on My Home? - The Bills.com Blog

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Can a Creditor Place a Lien on My Home?

Friday, Oct 30, 2009

Question: I receive Social Security Disability and owe on a few credit cards. I know they can not garnish my disability. However, can they file a lien on my home?

Answer: There are some states that allow liens to be placed on homes while others prohibit such liens. Liens are prohibited in states that have homestead exemptions. I cannot say for certain whether that can happen because you have not provided me with enough information, such as the state you live in. To find if your state allows
for liens on a property please see State Consumer Protection Laws and Exemptions .

If you would like to learn more about liens, please
see what is a lien?.

I hope this information helps you Find. Learn & Save.

Best,
Bill
www.bills.com/blog/

Also, make sure to get a free financial health check-up with Bills IQ!

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Bill has answered all sorts of questions and has been able to provide those in need of financial guidance with helpful and valuable advice and information on their specific financial area of interest. If you need specific guidance on any of the above mentioned financial areas, feel free to Ask Bill your financial questions and get better informed. Also, make sure to get a free financial health check-up with Bills IQ!

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