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  1. #1
    Join Date
    Jan 2006
    Location
    MO
    Posts
    12

    Default Can a Debt Collector Liquidate Personal Property That Already Has Tax Liens

    My question involves collection proceedings in the State of: Missouri.

    I'm being sued for a CC debt. I already have large federal and state tax liens on all of my property that are not going to go away for many years. So if the CC company wins and gets a writ of execution, can they take and liquidate my personal assets, such as my car and furniture, etc. if there are already liens in place?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Can a Debt Collector Liquidate Personal Property That Already Has Tax Liens

    They can seek whatever remedies are permitted under the laws of your state, within the confines of your personal exemptions. If somebody else has a lien, it doesn't mean they can't execute - but it generally means that they have to pay off the prior lien before they get any money for themselves.

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