Legal Question in Real Estate Law in Nevada
I own a manufactured home, I don't own the lot it's on so can I have a lien filed against me if I default on my car loan?
Asked on 9/07/10, 5:25 pm
1 Answer from Attorneys
Jonathan Reed
Reed & Mansfield
If you default on your loan the car could be repossessed and you could face a lawsuit leading to a judgment against you. If a person or a business gets a judgment against you only certain assets can be executed on. The mobile home that is your residence in most circumstances CANNOT be executed on.
Answered on 9/12/10, 9:55 pm