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Avoiding lien created by abstract on property that doesn't exist
A while back I recall there being a thread on here (or maybe it was
in another group) where certain people advocated doing a 522(f)
motion in a Chapter 7 case where there is an abstract of judgment
recorded, but the debtor(s) on the date of filing do not own any
real estate. Ostensibly the reason for this was to prevent any
issues if and when the debtor(s) later acquires property so there's
no title issue on the lien attaching to the post-bankruptcy acquired
property.
I have this situation now and wanted to get a recap of the positions
on this and, if it is truly advisable to do so, how is it done?
(i.e. how do you avoid the lien on property that doesn't exist)?
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Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
This Firm is a Qualified Federal Debt Relief Agency (see what this
means at
The post was migrated from Yahoo.