Under Michigan law, if you owe a valid debt and your creditors have a judgment, they can take your personal property. You need to talk to a debt settlement or bankruptcy attorney right away. They can help you protect your personal property from creditors and their debt collection efforts.

Can a lien be placed on my house for a spouse’s debt in Michigan?

A creditor can’t seize real property if you own it as joint tenants by the entirety with your spouse. This means you and your spouse got the property together at the same time. But, a creditor with a judgment against both you and your spouse can seize the property.

How can a judgment creditor seize personal property?

Seize and sell your personal property: To seize and sell your personal property, the judgment creditor will need to get a writ of execution from the court. That document will identify the types of property that the creditor is allowed to seize.

Can a credit card company seize my property?

Before a credit card company can seize your property, they’ll have to sue you and obtained a judgment. Even then, it will only be your non-exempt assets that are subject to seizure. At National Bankruptcy Forum, we have attorney members in every state ready to hear your case.

Can a debt collector seize your personal property?

A judgment may allow debt collectors to seize your personal property. If you are wondering what kinds of personal property can be seized by judgment creditors, read on to learn about what a judgment creditor is, how a judgment can impact you, and the types of personal property that can be seized by a judgment creditor.

Can a credit card company get a judgment against you?

If you are in default on a credit card account, the credit card company can try to get a credit card debt judgment against you by filing a lawsuit. If the credit card company gets a judgment, it can use all sorts of collection methods against you to get paid.