judgment lien
Posted: Fri Feb 12, 2010 10:06 pm
No, not unless the Bank refuses to release the funds.
Dennis McGoldrick
350 S. Crenshaw Bl., #A207B
Torrance, CA 90503
On Feb 10, 2010, at 8:00 PM, "Holly Roark" wrote:
This is an important point. Does this mean that whenever we have a client with a bank account that was levied upon, we should file a motion to avoid the lien? Does anyone see creditors levying post-bk if the lien was not avoided?
Holly Roark
holly@roarklawoffices.com
>
> The writ creates an execution lien under CCP 697.710, butn is subject to 522(f) avoidance through use of wildcard and arguably survives the bankrutpcy discharge as to all personal property of the debtor if not avoided.
> Peter M. Lively, JD/MBA
> Law Office of Peter M. Lively * Personal Financial Law Center I
> 11268 Washington Blvd, Suite 203, Culver City, CA 90230-4647
> Telephone: (310)391-2400 * (800)307-3328 * Fax: (310)391-2462
> A-Bankruptcy-Attorney.com
>
>
> Personal Financial Law Center II
> 1706-B Newport Boulevard, Costa Mesa, CA 92627-3073
> Telephone: (949)650-3328
>
>
> THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHICH IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND EXEMPT FROM DISCLOSURE UNDER APPLICABLE LAW. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, OR THE EMPLOYEE OR AGENT RESPONSIBLE FOR DELIVERING THE MESSAGE TO THE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY E-MAIL OR BY TELEPHONE. THANK YOU.
>
>
>
>
> ________________________________
> To: cdcbaa
> Sent: Wed, February 10, 2010 4:18:59 PM
> Subject: [cdcbaa] judgment lien
>
>
> The general rule is that a lien survives bankruptcy. But does a recorded abstract of judgment & notice of involuntary lien (money judgment, debtor has no real property), also survive the bk? A writ was issued against a bank account, but I'm hoping the judgment and lien will both go away...
>
>
>
>
> Vicki L. Temkin
> Law Office of Vicki L. Temkin
> 15030 Ventura Blvd., Ste. 19-780
> Sherman Oaks, Ca 91403
> Ph: (818) 501-4658 / Fx: (818) 501-0903
>
No, not unless the Bank refuses to release the funds.Dennis McGoldrick350 S. Crenshaw Bl., #A207BTorrance, CA 90503On Feb 10, 2010, at 8:00 PM, "Holly Roark" <roarklaw@yahoo.com> wrote:
This is an important point. Does this mean that whenever we have a client with a bank account that was levied upon, we should file a motion to avoid the lien? Does anyone see creditors levying post-bk if the lien was not avoided?
Holly Roark
holly@roarklawoffices.com
com, P L <petermlively2000@...> wrote:
>
> The writ creates an execution lien under CCP 697.710, but most creditors don't understand this fact.e through use of wildcard and arguably survives the bankrutpcy discharge as to all personal property of the debtor if not avoided.
> Peter M. Lively, JD/MBA
> Law Office of Peter M. Lively * Personal Financial Law Center I
> 11268 Washington Blvd, Suite 203, Culver City, CA 90230-4647
> Telephone: (310)391-2400 * (800)307-3328 * Fax: (310)391-2462
> A-Bankruptcy-Attorney.com
>
>
> Personal Financial Law Center II
> 1706-B Newport Boulevard, Costa Mesa, CA 92627-3073
> Telephone: (949)650-3328
>
>
> THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHICH IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND EXEMPT FROM DISCLOSURE UNDER APPLICABLE LAW. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, OR THE EMPLOYEE OR AGENT RESPONSIBLE FOR DELIVERING THE MESSAGE TO THE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY E-MAIL OR BY TELEPHONE. THANK YOU.
>
>
>
>
> ________________________________
> To: cdcbaa <cdcbaa@yahoogroups.com>
> Sent: Wed, February 10, 2010 4:18:59 PM
> Subject: [cdcbaa] judgment lien
>
>
> The general rule is that a lien survives bankruptcy. But does a recorded abstract of judgment & notice of involuntary lien (money judgment, debtor has no real property), also survive the bk? A writ was issued against a bank account, but I'm hoping the judgment and lien will both go away...
>
>
>
>
> Vicki L. Temkin
> Law Office of Vicki L. Temkin
> 15030 Ventura Blvd., Ste. 19-780
> Sherman Oaks, Ca 91403
> Ph: (818) 501-4658 / Fx: (818) 501-0903
>
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