nuvision Posted January 6, 2008 Report Share Posted January 6, 2008 My credit card debt is now gone collection, can they come after my real estate property? Link to comment Share on other sites More sharing options...
Amerikaner83 Posted January 6, 2008 Report Share Posted January 6, 2008 As far as I know - they can NOT.CC debt is "unsecured" debt - no property to secure it. Be late on your car loan or mortgage and they can take steps to seize that property (a secured loan). Link to comment Share on other sites More sharing options...
nuvision Posted January 6, 2008 Author Report Share Posted January 6, 2008 Will they then able to put a lien on my property, take money out my bank account or garnish wage? Link to comment Share on other sites More sharing options...
Amerikaner83 Posted January 6, 2008 Report Share Posted January 6, 2008 yes...IF they are able to get a judgement on you - depending on what your state laws are.But tha't not until 10 steps down the line. Link to comment Share on other sites More sharing options...
Fozzle Posted January 6, 2008 Report Share Posted January 6, 2008 Just nip the problem in the bud now and you won't even come close to having to worry about courts, judgments, garnishments and/or liens. Link to comment Share on other sites More sharing options...
Amerikaner83 Posted January 6, 2008 Report Share Posted January 6, 2008 exactly. Link to comment Share on other sites More sharing options...
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