ExpertLaw Forum - Help With Your Legal Questions
Register FAQ Members List Social Groups Search Today's Posts Mark Forums Read Bookmark and Share
Debt Collections Issues involved in the collection of debts, including car loans, student loans, credit cards, judgments and medical debts.

Reply
 
Thread Tools Display Modes
  #1  
Old 11-17-2005, 04:16 PM
hoosiergal5302 hoosiergal5302 is offline
Junior Member
  
Join Date: Nov 2005
Location: Indiana
Posts: 1
Default Debt Collection and Non-Exempt Property
I recently received a Verified Motion for Proceedings Supplemental order. I have to appear in court for a loan with my credit union, that I have been unable to pay($3,600). I have to take proof of my income and assets.The only thing I own is a 1986 mobile home. I am unemployed, on TRA and am wondering if they can take my mobile home from me? Or will they put a lien on it? I am in Indiana.
Thanks
Reply With Quote
  #2  
Old 11-17-2005, 06:15 PM
Mr. Knowitall Mr. Knowitall is offline
Senior Member
  
Join Date: Sep 2005
Location: California
Posts: 32,460
Default Debt Collection
You would enjoy a $15,000 residence exemption (or $30,000 for a married couple who jointly owns the residence), and a lien could be imposed on any equity beyond the exemption.
Reply With Quote
Sponsored Links
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Sponsor


All times are GMT -7. The time now is 01:51 AM.

Information provided in the forum is not intended to substitute for professional advice, including but not limited to professional legal advice. If you submit a question or comment it is assumed that you are interested in soliciting, receiving or giving general information and not legal advice. Laws vary by state, and the laws described in this forum may be different in your state or may have been changed since the information was posted. The legal help offered in this forum comes from volunteers who may not have any formal legal training or knowledge, and all information should be confirmed with a qualified legal professional. All information is made available on an "as is" basis. You should accept legal advice only from a licensed legal professional with whom you have an attorney-client relationship. Use of this forum is subject to the ExpertLaw terms of use.
Contact Us - ExpertLaw - Archive - Law Articles - About ExpertLaw - Terms of Use - Site Map - Privacy Statement - Top

Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright © 2004 - 2008 ExpertLaw.com, All Rights Reserved