Ask Experts Questions for FREE Help !
Ask
    lawgirl1414's Avatar
    lawgirl1414 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 21, 2009, 10:24 PM
    What assets can a Florida judgment take?
    I live in CA and own a Florida condo. Due to fraud, there is now a lawsuit commencing regarding the condo and it is now in foreclosure. If the bank gets a judgment from the foreclosure, can they attach my property outside of Florida? Just what assets can the bank attach, or, when they resell the condo, will that satisfy their judgment?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Dec 22, 2009, 06:36 AM

    Hello l:

    If there's money left owing after the condo is sold, they can and will come after your assets. They CAN seize your bank accounts and garnish your wages. In fact, they can take ANY personal property to satisfy the judgment. No, your rollerblades are safe.

    If fraud was involved, they could even call the cops.

    excon

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Business bank accounts/assets vs. Personal judgment [ 6 Answers ]

Hi, first time here... I have an LLC in Florida, can my business bank account be frozen or seized and can they take my equipment and business assets? I also have a sole proprietorship but this business doesn't have much going for it at the moment - is it at risk? I have a large judgment I am...

Florida Judgment impending [ 2 Answers ]

Long story short. My nephew has an attorney fighting me for more interest than what was earned by a trust. :confused: :mad: We are at a stand still and headed to court. I could possibly end up with a judgement for the interest they are asking in addition to court cost and my nephews attorney fees....

Judgment law in Florida [ 4 Answers ]

How long is a judgment against me legal in Florida. The one I have is from may 4th 1994. With a bank. And they hit my account.. I know some states it's only good for 10 years. Don't know what Florida is. Need an answer. And what can I do to get the money back into my account. The bank I owed I also...

How do I protect my assets from an accident judgment [ 16 Answers ]

I need help quickly. I was involved in an accident in Missouri where at a light I stopped suddenly but did not hit the car in front of me, about four seconds later I was hit from behind and pushed into the car in front of me. Although the car in front sustained the least damage the driver was...


View more questions Search