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    pjt's Avatar
    pjt Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 13, 2007, 11:55 AM
    Levy on property
    What does it mean and what can be done when a levy has been put on your property
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Mar 13, 2007, 12:03 PM
    Do you mean a lien? A Lien is a statement of financial interest in a property. It prevents someone from transferring the property until the lien is satisfied.

    If you could give us more details about why you ask we can help more.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Mar 13, 2007, 12:16 PM
    You need to give a lot more info,

    Normally when we think of levy, we think of a tax lien, that would be put on your property for failure to pay your taxes.

    Thre are liens put on by a judgement for failure to pay your other debts.

    And if you owe money , and it is a valid debt I guess you pay it.

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