[WSBARP] judgement liens

[hhherman2]

Craig,

 

I recently had this problem and the best information and authority I found
is attached.

 

Howard Herman

 

Herman Herman & Jolley P S

509.220.5810

 

From: wsbarp-bounces at lists.wsbarppt.com
[mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Craig Gourley
Sent: Tuesday, February 23, 2016 1:50 PM
To: wsbarp at lists.wsbarppt.com
Subject: [WSBARP] judgement liens

 

Listmates,   I always get confused when bankruptcy meets real property so I
hope those more enlightened can assist me.  Short facts.  Mom puts son on
title to her home " in case something happens".   Naturally, what happens is
son gets multiple judgments against him which then attach to Mom's house.
We can bankrupt him out of the debt and because Mom's home is not the son's
residence I don't think we can strip the liens in bankruptcy.    So. to
clear title I think we need to pay the "lien"  but since the judgement has
been discharged in bankruptcy, what is owed on the " lien"?  Just the
initial judgement amount?  Accrued interest?   Not sure how to do the math
when the underlying debt has been discharged.   Thanks in advance for your
assistance.   Craig

 

Gourley Law Group

Snohomish Escrow

The Exchange Connection

 

1002 10th Street / PO Box 1091

Snohomish, WA 98291

 

360.568.5065

360.568.8092  fax

Craig at glgmail.com <mailto:Craig at glgmail.com> 

 

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