Can these unsecured creditors file liens/judgements against my house thus changing their unsecured debt into a secured debt?
I have about 30k in equity in my house and owe about 140K in unsecured
debt. IT is going to be another 45 days before I file bankruptcy. Can
these unsecured creditors file liens/judgements against my house thus
changing their unsecured debt into a secured debt?
Generally not, unless suit has been filed or the unsecured creditor is the
IRS or has some other right to file a lien.
The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.