MODULE 5 FINDING DEBTOR'S PROPERTY-
M ODULE 5 F INDING D EBTOR ’ S P ROPERTY S ELF T EST Judgment & Lien Money Machine
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
The Land Records Office has information on property ownership
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: Both True and False. The Land Records office may have deeds to property that shows that the property was once owned by the debtor. The deed itself does not prove current property ownership. The Tax Assessor’s Records prove current property ownership.
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
I can place the judgment as a lien on one property at a time.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor owns multiple properties, the judgment can be placed as a lien on each of the properties, regardless of how many properties there are and where the properties are located.
F INDING
THE
D EBTOR ’ S P ROPERTY
If the Tax Assessor’s Website does not allow for searches by name, I should do the following:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
a.
Check the Judgment for an address match
b.
Use www.411.com or online search sites to find the address
c.
Call the Assessor’s Office
d.
Give Up
F INDING
THE
D EBTOR ’ S P ROPERTY
Answer: a.
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
Always check the Judgment for an address match first
b.
Use www.411.com or online search sites to find the address – I will learn how to do this in a later module.
c.
Call the Assessor’s Office – only after you have exhausted all other resources
d.
Give Up – only after you have exhausted all other resources.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
True or False: If the debtor owns property with other individuals, I cannot place a lien on that property.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor owns property jointly with others, you can place a lien on the property but can only collect an amount equal to the value of their share of the property.
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
Debtors who are businesses must own property to flip the judgment to you.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor who is a business owns property, include that in your submission but it is not a requirement to flip a judgment to us.
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
The Land Records Office has information on property ownership
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: Both True and False. The Land Records office may have deeds to property that shows that the property was once owned by the debtor. The deed itself does not prove current property ownership. The Tax Assessor’s Records prove current property ownership.
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
I can place the judgment as a lien on one property at a time.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor owns multiple properties, the judgment can be placed as a lien on each of the properties, regardless of how many properties there are and where the properties are located.
F INDING
THE
D EBTOR ’ S P ROPERTY
If the Tax Assessor’s Website does not allow for searches by name, I should do the following:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
a.
Check the Judgment for an address match
b.
Use www.411.com or online search sites to find the address
c.
Call the Assessor’s Office
d.
Give Up
F INDING
THE
D EBTOR ’ S P ROPERTY
Answer: a.
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
Always check the Judgment for an address match first
b.
Use www.411.com or online search sites to find the address – I will learn how to do this in a later module.
c.
Call the Assessor’s Office – only after you have exhausted all other resources
d.
Give Up – only after you have exhausted all other resources.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
True or False: If the debtor owns property with other individuals, I cannot place a lien on that property.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor owns property jointly with others, you can place a lien on the property but can only collect an amount equal to the value of their share of the property.
F INDING
THE
D EBTOR ’ S P ROPERTY
True or False:
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
Debtors who are businesses must own property to flip the judgment to you.
F INDING
JUDGEMENT & LIEN MONEY MACHINE MODULE 5 FINDING DEBTOR’S PROPERTY
THE
D EBTOR ’ S P ROPERTY
Answer: False. If the debtor who is a business owns property, include that in your submission but it is not a requirement to flip a judgment to us.
