Hello again. I'm finally gonna pay you a bonus for your answers, thank you, but i wanted to clarify a couple things first:
1. Your answer: "After 7 years the unsecured lien would not be on your credit report." THEN you said, "In the state of California a lien placed against your property for an unpaid judgment can remain in place for a period of ten years. The creditor then has the option of renewing the lien for an additional ten years" Can the lien never be back on my credit report again after 7 years? Or would it stay on my report during the entire length of the lien? So i could have a lien against me, but it NOT be on my credit report?
2. Please explain to me how the system works, if i had a lien put on me NOW, would it be attached to MY NAME, or to a certain piece of me, like a bank acct.? So if i get property in the future, or own stock in a company in the future, would they beableto put a lien on it then? i had a bunch of unsecured debt in CA, and decided nottogothru a bankruptcy because i donot own property.
And your answer: "The lien cannot be attached to any IRA account, only non exempt property such as bank accounts, wages, and possibly even on real estate. IRA'S are protected."
WHAT DO YOU MEAN BY STATING, "possibly even on real estate"? And does that include if i owned stock in a business? And can a lien be placed upon a VEHICLE? And ifso, is there a limit of value of the vehicle that they CANNOT place a lien on?