More details to this question:
My home is located in New York State a irrevocable trust trust was entered around 6 years ago on it. Can creditors of any source attached any liens on this home if i am unable to pay them.
2 ANSWERS
1 Award
If you transferred title to an irrevocable trust six years ago, your personal creditors cannot attach a lien to your trust property.
Answered on Feb 18th, 2017 at 7:53 AM
If there are any mortgages, the liens attach to the property itself, and not against the debtor. Likewise any other liens that existed prior to transfer of property to the trust. Any judgments or liens entered against you could not be levied upon the house, but only potentially upon your beneficiary interest in the trust.
Answered on Feb 16th, 2017 at 9:29 AM
I do NOT know you. I am NOT your lawyer. For more information, please feel free to visit my website or schedule an appointment. nathansonlaw.com