Can a Judgment of a Civil Complaint be Used to File a Lien Against an Insurance Policy?
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Summary
Can a judgment in a civil complaint be turned into a lein against an insurance policy that the accused (one who judgment is against) owns? |
“Can a judgment in a civil complaint be turned into a lein against an insurance policy that the accused (one who judgment is against) owns? The agreement to pay this judgment was originally verbally arranged to be paid out of insurance policy proceeds before a judgment was levied.”
Typically, once a creditor has a judgement, they can use it to file a lien against just about any tangible asset in which the debtor has an interest.
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For more on this subject check out these categories: Credit Law, Finances, Insurance
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State laws vary, and the above is intended as general advice, and not direct legal advice regarding any one particular situation in any one state. For direct personal legal advice related to your own situation you should consult an attorney familiar with the laws of your state and with your situation.