what will happen if i buy a house and i have a judgement against me? my name is ONLY on the title.?

Question

Like i said, my name will only be on the title and NOT on the mortgage. what can the companies do to me?

Answer 1

They will take your house for the cost of the lien that is what will happen . You had better put that house in someone else's name and quickly.

Answer 2

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Answer 3

If you own the property then they can put a lien on it. That means that you can't sell the property until you pay the judgement.

It doesn't matter who pays the mortgage if you are on the title then you own the house and they can put a lien on it.

Answer 4

Your name on the deed is what shows you own it. If you have any assets, those assets may be subject to a lien by whoever you own money to.

If you own something, they can take it. If your name is on the deed, it shows you own it. And they will take it. Put the whole thing in someone else's name or keep renting.

Answer 5

If you aren't on the mortgage, there will be no check of your credit history.