States have exemption laws to be used by a debtor to protect specified amounts and types of personal and real property from creditor attachment. If the exemption for a vehicle does not protect it, theoretically a creditor who receives a judgment in a lawsuit could execute the judgment as forced sale of the vehicle. The act of a creditor (other than the lien holder) to seize and sell a vehicle very rarely occurs. The process is too complicated, time consuming and hardly ever cost worthy. Once a creditor seizes real property it becomes their "problem". They must take care of all other liens or judgments against the property, arrange for sale, pay all contributing costs and so forth. This is one of the reasons a forced sale of any property belonging to a debtor is seldom pursued for UNSECURED debts.
I would dispute it with the credit card companies and once they will have to take care of it or will either not be able to contact the company and therefore have to take it off.
they will take your money and repossess your belongings
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.
Generally, no, unless you cancel the transaction after the fact. If you have made a payment to the credit card company and cancel after the time the transaction was made, yes, the credit card company may take money out of your checking/savings account. If you made some mistake when using your credit card which resulted in a fee or finance charge, the credit card company may put that amount on your credit card bill but may not take the amount out of your checking/savings account unless you specifically ask them to. If you have automatic payments set up, the credit card company may honor those instructions until you send them a WRITTEN request to change the setup. Most card companies allow you to bypass the written component and change automatic payments online.
No.
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
I would dispute it with the credit card companies and once they will have to take care of it or will either not be able to contact the company and therefore have to take it off.
Only if you have authorized them to do so.
They have to take you to court to take anything from you.
they will take your money and repossess your belongings
No they cannot
If you are not at least separated there isn't much you can do and if she has charged anything on that credit card you will be responsible for paying for it. I suggest you call the credit card company and have them take her name off the credit card and it will be in your name solely and be sure they protect you against others using your card (this can be done at a minimal fee.) A word of advice ... change your banking accounts if you have any because if you have joint accounts she can wipe you out! Marcy
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.
You should not avoid paying the minimum due in your credit card account. The credit card company does not care if you lost your job. What you need to do is to speak with a credit consolidation agency in your area. Ask around about their reputation. The credit consolidation company will make a deal with your credit card company.
Contact the credit card company and find out. If the phone contact cannot help you close the account, find out what steps you have to take to get it closed. Then, be persistent. Keep documented records of who you spoke to, date and time.
Generally, no, unless you cancel the transaction after the fact. If you have made a payment to the credit card company and cancel after the time the transaction was made, yes, the credit card company may take money out of your checking/savings account. If you made some mistake when using your credit card which resulted in a fee or finance charge, the credit card company may put that amount on your credit card bill but may not take the amount out of your checking/savings account unless you specifically ask them to. If you have automatic payments set up, the credit card company may honor those instructions until you send them a WRITTEN request to change the setup. Most card companies allow you to bypass the written component and change automatic payments online.
yes