jblackbu01 Posted April 2, 2007 Report Share Posted April 2, 2007 Does the "Texas Homestead Law" protect Texas residents from creditor's placing liens on the resident's home? (via a judgement)thx Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted April 2, 2007 Report Share Posted April 2, 2007 I BELIEVE so.. double check to be sure.. but I think thats right Link to comment Share on other sites More sharing options...
someonesomewhere Posted April 2, 2007 Report Share Posted April 2, 2007 http://www.oag.state.tx.us/AG_Publications/txts/debt.shtmlYour Home and Wages are ProtectedSome collectors will threaten to foreclose on homesteads or to garnish wages. In Texas, a homestead cannot be taken to pay a debt except for debts taken for the purchase of the home, for home improvements, for home equity loans or to pay certain taxes. Wages may be garnished to pay court-ordered child support, back taxes, and defaulted student loans. Link to comment Share on other sites More sharing options...
jblackbu01 Posted April 2, 2007 Author Report Share Posted April 2, 2007 what does this mean, then?http://en.wikipedia.org/wiki/Abstract_of_judgment Link to comment Share on other sites More sharing options...
someonesomewhere Posted April 2, 2007 Report Share Posted April 2, 2007 http://www.oag.state.tx.us/opinions/op50abbott/ga-0279.htmI'm not a lawyer, but it appears to me that creditors cannot place a lien against a home in TX unless the debt is somehow connected to the home. For example, if you used a CC to pay for home improvements, and then defaulted on that CC, then a lien could be placed against the home.Again, I'm not a lawyer. If I were a lawyer, you didn't hire me. If you did hire me, you'd know it because you paid me. Link to comment Share on other sites More sharing options...
jblackbu01 Posted April 2, 2007 Author Report Share Posted April 2, 2007 i got it now.....Thanks Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted April 2, 2007 Report Share Posted April 2, 2007 you can't lien on an unsecured debt like a CC Link to comment Share on other sites More sharing options...
someonesomewhere Posted April 3, 2007 Report Share Posted April 3, 2007 My bad. It would have to be something like defaulting on payments to a contractor for home improvements. Link to comment Share on other sites More sharing options...
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