Question:

If no property was owned at the time a judgment was placed against me, what happens with future property

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I may aquire in another city?

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  1. No problem at all purchasing a property.  The judgement lowers your credit score so you will pay a higher interest rate.  Go buy the house.  When you sell it, the judgement will be paid off so the title is clear.  If you aren't selling, don't even worry about it. /


  2. That depends on state law, but in my state, and probably most others, the judgment lien immediately attaches to any property you acquire after the judgment lien is filed and can be sold to pay the judgment.  You should probably consult an attorney to discuss your options, including whether bankruptcy could be a solution for you.

  3. Simply that Judgement goes on credit and COULD POSSIBLY become attached to any future property that is purchased.

  4. Liens will instantaneously be placed.   You may have a very hard getting a bank to lend you money because they will see the debt there waiting for you to pay.   It will remain there until it is paid or you die, and even after death if there is an estate it will pay your debt.

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