Central District Consumer Bankruptcy Attorney's Association

Gerry:
The lien can only attach to property purchased before the bk.
Debtor can buy all the property she wants after bk, lien cannot attach after discharge, unless found nondischargeable.
D
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Apr 22, 2014, at 1:20 PM, "Gerald McNally" wrote:
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> Listmates,
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> PC has a (junk debt buyer) judgment lien for $36k, recorded last month. She wants to buy property after her Ch7, but doesnt want to wait 10 years for the lien to expire. Has anyone had experience negotiating a release of this lien, and if so, for how much.
>
>
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> Gerry McNally
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> Gerald McNally
>
> McNally & Associates, P.C.
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> 517 East Wilson Ave., Ste 104
>
> Glendale, CA 91206
>
> 818.507.5100
>
> Fax: 818.507.5001
>
>
>
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The post was migrated from Yahoo.

If PC files a Chapter 7, after discharge the lien does not apply to any newly acquired property. It only applies to the property owned at the time the petition was filed.
Mark Jessee
Sent from my iPhone
> On Apr 22, 2014, at 1:20 PM, "Gerald McNally" wrote:
>
> Listmates,
>
>
>
> PC has a (junk debt buyer) judgment lien for $36k, recorded last month. She wants to buy property after her Ch7, but doesnt want to wait 10 years for the lien to expire. Has anyone had experience negotiating a release of this lien, and if so, for how much.
>
>
>
> Gerry McNally
>
>
>
>
>
>
>
> Gerald McNally
>
> McNally & Associates, P.C.
>
> 517 East Wilson Ave., Ste 104
>
> Glendale, CA 91206
>
> 818.507 .5100
>
> Fax: 818.507.5001
>
>
>
> Notice to Recipient: This email is meant for only the intended recipient of the transmission and may be a communication privileged by law. If you received this email in error, and review, use, dissemination, distribution or copying of this email is strictly prohibited. Please notify us immediately of the error by return email and please delete this message and any and all duplicates of this message from your system. Thank you in advance for your cooperation.
>
>
>
> IRS Circular 230 Disclosure: In order to comply with the requirements imposed by the Internal Revenue Service, we in form you that any U.S. tax advice contained in this communication (including any attachments) is not intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
>
>
>
>

The post was migrated from Yahoo.

Wouldn't it be a violation of the discharge for the lender to put a lien on
after acquired property?
Shannon A. Doyle
Attorney at Law
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100 N. Barranca Avenue, Suite 250
West Covina, CA 91791-1600
Tel: (626) 646-2555
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www.borowitzclark.com
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*From:* cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] *On Behalf
Of *Gerald McNally
*Sent:* Tuesday, April 22, 2014 1:20 PM
*To:* cdcbaa@yahoogroups.com
*Subject:* [cdcbaa] Negotiating a Judgment Lien
Listmates,
PC has a (junk debt buyer) judgment lien for $36k, recorded last month.
She wants to buy property after her Ch7, but doesn't want to wait 10 years
for the lien to expire. Has anyone had experience negotiating a release of
this lien, and if so, for how much.
Gerry McNally
[image: McNally Bus Card Smaller]
Gerald McNally
McNally & Associates, P.C.
517 East Wilson Ave., Ste 104
Glendale, CA 91206
818.507.5100
Fax: 818.507.5001
Notice to Recipient: This email is meant for only the intended recipient
of the transmission and may be a communication privileged by law. If you
received this email in error, and review, use, dissemination, distribution
or copying of this email is strictly prohibited. Please notify us
immediately of the error by return email and please delete this message and
any and all duplicates of this message from your system. Thank you in
advance for your cooperation.
*IRS Circular 230 Disclosure: In order to comply with the requirements
imposed by the Internal Revenue Service, we inform you that any U.S. tax
advice contained in this communication (including any attachments) is not
intended to be used, and cannot be used, for the purpose of (i) avoiding
penalties under the Internal Revenue code or (ii) promoting, marketing or
recommending to another party any transaction or matter addressed herein.*

The post was migrated from Yahoo.

Listmates,
PC has a (junk debt buyer) judgment lien for $36k, recorded last month. She
wants to buy property after her Ch7, but doesn't want to wait 10 years for
the lien to expire. Has anyone had experience negotiating a release of this
lien, and if so, for how much.
Gerry McNally
Gerald McNally
McNally & Associates, P.C.
517 East Wilson Ave., Ste 104
Glendale, CA 91206
818.507.5100
Fax: 818.507.5001
Notice to Recipient: This email is meant for only the intended recipient of
the transmission and may be a communication privileged by law. If you
received this email in error, and review, use, dissemination, distribution
or copying of this email is strictly prohibited. Please notify us
immediately of the error by return email and please delete this message and
any and all duplicates of this message from your system. Thank you in
advance for your cooperation.
IRS Circular 230 Disclosure: In order to comply with the requirements
imposed by the Internal Revenue Service, we inform you that any U.S. tax
advice contained in this communication (including any attachments) is not
intended to be used, and cannot be used, for the purpose of (i) avoiding
penalties under the Internal Revenue code or (ii) promoting, marketing or
recommending to another party any transaction or matter addressed herein.

The post was migrated from Yahoo.