My spouse owes $30,000 in back student loans. This was before we got married. Can they put a lien on my house and what does it mean if they do?
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My spouse owes $30,000 in back student loans. This was before we got married. Can they put a lien on my house and what does it mean if they do?
First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.
They can attach or put a lien on any property or assets where she is listed as an owner, either fully or partially.
A lien is an encumbrance on a property that prevents it from being sold or transferred until the lien is satisified.
Thank you Scott that is very helpful--is there anything else that they can do
Since Student loans are quasi govt, they can attach your tax return, garnish her salary, attach joint bank accounts etc.
P.S. I moved your second question here to go along with the first one. Again, please don't add your question to someone else's
And any student loans that are provided by the government are not dischargeable in a bankruptcy proceeding.
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