If there is a judgment, then it can be docketed against your assets including your house. Speak with an experienced attorney to assist you. If you have insurance that may be a factor.
If this answer is helpful, then please mark the helpful button. If this is the best answer, then please indicate it. Thanks. For further information you should see an attorney and discuss the matter completely. If you are in the New York City area, then you can reach me during normal business hours at 718 329 9500 or www.mynewyorkcitylawyer.com.
If you lose a lawsuit in NY a judgment can be entered against you, and docketed as a lien against the home. If the house is jointly owned, it is unlikely they will enforce the judgment, since they can't force your spouse to move or sell. If its held as tenants in common, they can possibly force the sale, but its not an easy process. YOu can expect the judgment to be enforced upon sale or death of the non-debtor spouse.
If you'd like to discuss, please feel free to call. Jeff Gold Gold, Benes, LLP 1854 Bellmore Ave Bellmore, NY 11710 Telephone -516.512.6333 Email - [email protected]
More information would be helpful. It is rare that they are able to take your home, a lien is generally filed and the money is taken out at the sale.
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