Minnesota Statutes 16D.05 – Priority of Satisfaction of Debts
Subdivision 1.Multiple debts.
If two or more debts owed by the same debtor are submitted to the commissioner, amounts collected on those debts must be applied as prescribed in this section.
Subd. 2.Enforcement of liens.
Terms Used In Minnesota Statutes 16D.05
- Lien: A claim against real or personal property in satisfaction of a debt.
Terms Used In Minnesota Statutes 16D.05
- Lien: A claim against real or personal property in satisfaction of a debt.
If the money received is collected on a judgment lien under chapter 550, a lien provided by chapter 514, a consensual lien or security interest, protection of an interest in property through chapter 570, by collection process provided by chapters 551 and 571, or by any other process by which the commissioner is enforcing rights in a particular debt, the money must be applied to that particular debt.
Subd. 3.Other methods of collection.
If the money is collected in any manner not specified in subdivision 2, the money collected must apply first to the satisfaction of any debts for child support. Any debts other than child support must be satisfied in the order in time in which the commissioner received the debts from the referring agency.