If a creditor won a summary judgement aganest me,for less than Ten thousand dollars?

Question

Do I have ten days to transfer our house to my wifes name

Will that prevent a lein againest the property ?
Thank You

Answer 1

Most states are community property - this means, whats yours is hers and vice versa. Now if you bought the house prior to marriage then they would do what is called "cloud title" meaning even if you put the house in her name you live there and you are married to the owner which gives you an interest in the property. And this becomes a real headache for you. And if you leave and rent it out, they can send garnishment papers to your tenants to pay the rent toward the debt and you'll have to pay for it out of your own pocket all the while your tenants don't have to move. **But most likely after the judgement was entered depending on the court, it may have put an automatic lien on your property.

Answer 2

If the house was in both of your names at the time of the judgement, transferring it now isn't going to do much good. They'll still take out a lien against the property and you're likely to be in more trouble with the courts for attempting to put one over on them.

Answer 3

The state you live in may make a difference, Some states won't attach a judgement to joint property against one party only.

The judgement attaches the date it is recorded in the public record, and will probably remain a lien on the property.

Answer 4

you can still challenge the judgment at the next higher court.there may not be Any danger to your property.but there is nothing wrong if you transfer the property.but for such an amount is there a necessity.you can even pay the due by installments.be practical

Answer 5

Doesn't sound positive! But, If I were you, I WOULD certainly TRY!

All the best!/