if your mom's name is on the deed to then they might try to do it and they may not even able to do it you can call legal aid lawyer and ask the for some advice and see what the state of new york debtor and creditor: an overview Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. There are three types of creditors. First are those who have a lien against a particular piece of property. This property (or proceeds from its sale) must be used to satisfy the debt to the lien-creditor before it can be used to satisfy debts to other creditors. A lien may arise through statute, agreement between the parties, or judicial proceedings. See, e.g., Secured Transactions and Mortgages. Secondly, a creditor may have a priority interest. A priority arises through statutory law. If a creditor has a priority his debt must be paid when the debtor becomes insolvent before other debts. For example, Congress has granted priority to debts owed the Federal government. See Federal Tax Lien Act. The final type of creditor is one who has neither a lien against the debtor's property or is the subject of a statutory priority. Non-bankruptcy debtor-creditor law arises mainly from state statutory and common law. Tort law, such as defamation, provides a means for state courts to limit private means of debt collection. States also regulate debt collection through statute. Congress has enacted the Fair Debt Collection Practices Act to regulate some debt collectors. Creditors use judicial and statutory processes to have debts satisfied. Attachment is a limited statutory remedy whereby a creditor has the property of a debtor seized to satisfy a debt. Garnishment allows a creditor to collect part of a debt (for example wages) to satisfy the obligation. Replevin allows a creditor to seize goods, such as a security interest, that he or she has a property interest in, to satisfy the debt. Receivership involves the appointing of a third party by a court to dispose of the debtor's property in order to satisfy the debt. Creditors commonly seek to create a lien on a debtor's property through a judicial process of lien creation, which is governed by state law. Once a lien has been created state statutory law governs how the lien is executed against the debtor's property. The sale of property subject to a lien to satisfy the debt is also governed by state statutory law. Federal and state statutes, and the Federal Consumer Credit Protection Act also limit the type of property that can be used to satisfy a debt. A debtor may attempt to fraudulently convey a piece of property to avoid having it seized. State laws seek to prevent this type of property transfer. Many states have adopted the Uniform Fraudulent Conveyances Act Bankruptcy is governed by federal statute which supersedes state debtor-creditor law in circumstances where it applies. See Bankruptcy
by Grandpa - 4 hours ago
This is a tough one, as there are several factors at play. If he's listed as a joint account holder and/or they lived in a community property state, then yes he can be held liable for the debt. However they would have to sue him and win a judgement before they could put a lien on his house.
by Crazyjester9 - 4 hours ago
Overcoming Writer’s Block: Your Work Environment
As the process of writing involves concentration, you’ll find that your work environment can be the very reason for your...
How Sharp Brands Handle a Corporate Crisis in the Social Media Age
Not every organization will face a crisis. From offensive social media posts to offline crises, such as data breaches, a...
The 4 Changes That Won Me $2 Million
A few years ago, I came home from yet another day where my business meetings had nearly overlapped. I had had to pencil in...
Stop paying an allowance: A Business Rockstars Minute
Do you pay your kids an allowance? Maybe it isn’t the best way to go. In this Business Rockstars Minute with Ken...
The Agony of Defeat: Why Lost Business Reporting Isn’t Helpful
Do you get the Win-Loss report? You really ought to get yourself on that list. If you don’t know the Win-Loss, it’s the...
Feeling the Sting of Recent Rotten Reviews on Yelp?
Ratings and review sites, such as Yelp and others, have been in the news lately and not for the right reasons: Accusations...