Submitted by kirksanderslaw on
If you are faced with an issue where an estate needs to sell real property or you are opposed to an estate selling real property to pay debts of an estate, read more from my companion website link:http://willcaveat.com/estates-selling-property-to-pay-debts/
"First prong of the attack was the actual debt being asserted by a creditor. This claim was accepted by the administrator of the estate."
Submitted by kirksanderslaw on
So you have a judgment against someone in North Carolina, now what?
If it's an individual-debtor, this article is for you. If it's a corporation or LLC or business entity, then get a writ of execution from the clerk and pay the sheriff's fee. Congratulations, you might collect some assets soon that can be sold & you don't need to read the remainder of this article.
Back to Individual Debtors. NCGS 1C-1601 et seq. You have to serve Notice of Exemptions on the debtor. They have 20 days to answer.