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I have a judgment against a former tenant for unpaid rent and utilities. Can I place a lien on their 401k ? It is likely they will attempt to avoid the debt by filing for bankruptcy.
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If your tenant files for bankruptcy, your claim for unpaid rent can be reduced or wiped clean completely. It will not matter what liens you have filed. I have never heard of a lien filed on a 401K.
Answered on Sep 05th, 2013 at 3:00 PM