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Updated almost 8 years ago,

User Stats

61
Posts
5
Votes
Rick Alvi
  • Investor
  • houston, TX
5
Votes |
61
Posts

May be getting sued from someone, should I buy a Primary home?

Rick Alvi
  • Investor
  • houston, TX
Posted

Hello,

I currently live in an apartment. Someone is "talking" about filing charges against me and perhaps suing me in the near future. I haven't received a summons but the person is manipulative and aggressive in nature. Anyhow, I won't go into the specifics because I will let the attorney and courts handle that... but my question to you all is: I currently live in an apartment and have some savings. I wanted to buy my first home soon and still would like to. However, if for some odd reason a court case doesn't go my way... I worry that they could "take my house." I wasn't sure if they could "take my house" or if they typically go for my bank account. Should I buy a home immediately? Or should I just keep the money I have in the bank and continue living in an apartment throughout this possible case? Thanks!

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