shahab03 Posted May 11, 2006 Report Share Posted May 11, 2006 hello there i am thinking about buying a place. about 3 years ago i stopped payment to my credit cards. the outstanding debt is about 35k.i am wondering if these creditors can put a lien on my house?thanks Link to comment Share on other sites More sharing options...
DocDon Posted May 11, 2006 Report Share Posted May 11, 2006 You'll have to pay it off before you can even buy a house. They don't like to see outstanding collections / chargeoffs. Link to comment Share on other sites More sharing options...
smartblond Posted May 11, 2006 Report Share Posted May 11, 2006 you would be hard pressed to get a loan but if you do end up with some sort of money to do it. .. if they sue and get a judgement yes they can place a lien on the property Link to comment Share on other sites More sharing options...
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