There was a judgment lien against a person for his debts. He owned a car, boat, farmhouse, and some land. Which would the judgment lien be placed upon?

Question

Social Studies

Rose Downs

19 November, 15:20

There was a judgment lien against a person for his debts. He owned a car, boat, farmhouse, and some land. Which would the judgment lien be placed upon?

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Answers (1)

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Omar Daugherty · Answer 1

the car, boat, farm house and the land

Explanation:

A judgment lien is a ruling made by the court that gives the creditor full rights to take any and all real or personal property in order to pay back the debt or contractual obligations that the debtor has. Therefore in this situation the judgment lien will be placed upon the car, boat, farm house and the land, up until the full amount that is owed is recovered.