How to Put a Lien on Your House

Video Transcript

"This is financial advisor, Patrick Munro talking about how to put a lien on your house. It is possible in this world that we live in to exercise in the world of asset protection. And if you have a free and clear asset as in a house, and you get sued a data money lawyer is going to find out the fact that out don't have any liens on the house, and they're immediately going to place one on the house. the way to defensively stop that from happening, is to form a corporation and basically between that corporation and yourself, form a debt, and go down to the courthouse and basically with that debt, you would apply a lien to your own property. You pay the filing fees, and therefore in the public record, it would show that this corporation to which you control, has a large lien, perhaps for ninety nine percent of the value of your home. Therefore, if you run into financial difficulties, an attorney that will data mine to see that you're out there and have this house, well, they'll see that a corporation has basically got a lien on your house. This is an asset protection program. But make sure a sharp attorney, if they see your name as the director of the company, this could be problematic where they would challenge the lien. So be very cautious in the execution of how to put a lien on your house. This is financial advisor, Patrick Munro."