Updated over 10 years ago on .
Liens againts personal home question
Im in Texas to start with. I have a question about a possible lien being put against my house. I had an oilfield rental business that is most likely going to fail due to oil price collapse. The rental business is under its own LLC but I had to borrow the money to build/buy the equipment under my personal info. That was in January 2014 and then again in July 2014 I borrowed more to the sum of 160k. Since then I have also bought a personal house in October 2014. My question is if the rental loan gets called in and the equipment gets repoed and they auction it off can the remaining balance be put on my personal house as a lien causing me problems in resale? TIA