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Can a creditor put a lien on your home for unsecured credit card debt in Florida?
Wiki User
∙ 13y ago
Yes.
If the underlying debt results from improvement being made to your personal residence, a person/company may lien your property. Further, they may take action to foreclose on the lien and force the sale of the property on the court house steps. It doesn't matter whether you pay your mortgage, taxes or anything else. This is a construction or mechanics' lien and section 713 of Florida Statutes governs these transactions.
If you receive a Claim of Lien in Florida as a result of improvements being made on your residence, you should take it very seriously and consult with an attorney expert in construction law in Florida.
If a creditor wins a judgment against you in court the court will issue a judgment lien that can be recorded in the land records. The property cannot be mortgaged or sold until the lien is paid. The judgment creditor can force the sale of the property under certain circumstances. See related link.
Wiki User
∙ 11y ago
Wiki User
∙ 16y agoIn the state of Florida nobody can take your primary home, or primary car without obtaining a judgment. Florida is more strict on collecting debts than all of the other states, and even if your creditors sue you they only have 4 years to do it and it can only be for the original amount of the debt. They cannot assess any extra penalties or fees, other than the usual court fees.
Wiki User
∙ 13y agoYes, they can. I'm not an Attorney, but working in a Law Firm as Legal Assistant, I've seen time and time again how Debtors have been hauled into court over unsecured debt, losing the case and having a lien placed on their home.
Wiki User
∙ 14y agoYes, they can lien ANY object of value you own - UNLESS - you happen to reside in one of the states that "homesteads" and therefore protects your primary residence (e.g.: Florida).
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What is a unsecured credit card?
A secured credit card requires a security deposit. An unsecured credit card is the traditional credit which does not require a security deposit.
How do you settle debt with credit card?
Debt CAN be settled with credit card debt and other unsecured debts. Negotiating a settlement is between you and your creditor and settlements have happened for millions of people and helped them get out of debt.
Can a creditor sue for unsecured debt?
* An unsecured debt, generally, is a debt that is not backed by collateral. For instance a car loan is secured by the security interest the lender has in the car. A credit card which is not backed by collateral is not secured by collateral therefore it is an unsecured debt. Generally, yes a creditor can sue for unsecured debt, the creditor just doesn't have any interest in the good that formed the basis of the loan.
What happens if unsecured credit card debt is not paid?
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
Can they garnish your wages in Pennsylvania for an unpaid balance on an unsecured credit card?
No, PA. does not allow wage garnishment when it pertains to creditor action. Even though a credit card is unsecured debt, that does not mean the creditor does not have legal remedies for collection. They can file a lawsuit, if they win they will enforce a judgment in several ways, bank account levy, liquidation of nonexempt property, or liens against real property.
Can a credit card company take away or place a lien on your Florida home if you stop paying the 12K credit card balance and you are not a US citizen and live and work outside the country?
no a credit card company may not take your home away. a creditor can never take anything away if the debt is unsecured such as a credit card. regardless of what anyone posts here, credit card companies cant do anything whatsoever if you stop paying them. your credit is ruined and they call alot, but that's all they can do.
Can you get an unsecured credit card with bad credit?
yes u can
How long should I hold a secured bank credit card before I try to get an unsecured one?
Your ability to obtain an unsecured credit card will depend on your credit score. As your credit score rises you will become eligible. Try checking it after a year of making on time payments on your unsecured card.
Can wages be garnished for non payment of credit card bills in Florida?
If your creditor has obtained a judgment against you, yes.
Can an individual unsecured creditor not a credit card company get property such as a computer back if the bankruptcy was discharged and they were notified of it but are now making demands?
If the debt was truly unsecured and you properly listed the debt in the bankruptcy, then the debt has been discharge. If the creditor persists in violating the discharge order, the creditor could be held on contempt of court and held liable for fines and attorney's fees.
What credit card can you get without you having credit?
Typical credit cards are unsecured credit cards. If you have no credit history, you cannot get an unsecured card. Instead, you must apply for a secured credit card. It works kind of like a savings account. Say you give them $300 then they give you a credit card with a $300 limit.
Can a credit card company take a judgment against you if it is unsecured and it has been over 4 years?
It is quite possible,most credit card accounts are unsecured. A creditor can file a lawsuit and if it is won, receive a writ of judgment that can be executed against all nonexempt property that belongs to the debtor. Each state has SOL's that pertain to open accounts such as credit cards. However, the expiration of the SOL does not automatically stop a creditor from seeking collection of a debt. (Macky..macky83@juno.com)
