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#1
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Lein On Personal Property?What is the name of your state? PA I have old judgments from 10 years ago in PA. Can my the holder of the judgments put a lien on my personal property if the judgment has not been reissued after 5 years? Somebody told me that if a judgment is not paid within 5 years in PA then it goes away. What is the law on this? THANK YOU!!!!!! |
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#2
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| If all you have is personal property, I wouldn't worry too much. Now if you had real property, then I'd worry. [url]http://www.pacode.com/secure/data/231/chapter3000/s3023.html[/url]
__________________ There are two rules for success: (1) Never tell everything you know. |
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#3
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| I don't own any real estate anymore but I do have several classic cars that are worth a substantial amount of money. I received them by an inheritance. Does that make a difference? What did you mean that I should not worry? Is that because my cars cannot be taken and sold after 5 years? THANK YOU AGAIN!!!!! |
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#4
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| Are you 100% certain that the judgment(s) have NOT been renewed ? Have you checked at the courthouse to find out ?? If a judgment is not renewed within the specified period of time, then it dies and cannot be revived.
__________________ "Knowledge is Power - use it as you see fit ! I am not a lawyer or a member of the legal profession. My advice is based on research and experience, my own and others, some who practice law. You decide for yourself what actions you do or do not take from my advice. |
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#5
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| Yes, the judgment creditor can put a lien on your cars. The 5 year limitation pertains to real property, not personal property. The judgment creditor has 20 years to execute against personal property. |
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#6
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| Ladynred - Yes I am 100% sure that the judgments have not been reissued. Per the clerk there has been no activity at all in 10 years. CameronNewport - Can you tell me which law states that my personal property can be taken for 20 years after the judgment? I'm not sure what to believe at this point. |
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#7
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| Quote:
[url]http://www.lawdog.com/states/pa/sta3.htm[/url] Sorry, PA statutes are a pain. If you'd like to consult with a PA lawyer, try www. pennlawyer.com - he's very good - consumer protection/bankruptcy guy.
__________________ "Knowledge is Power - use it as you see fit ! I am not a lawyer or a member of the legal profession. My advice is based on research and experience, my own and others, some who practice law. You decide for yourself what actions you do or do not take from my advice. |
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#8
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Question?If you have several antique vehicles why not pay what you owe this person? You owe the money, pay it. |
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