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In 2006 a credit card collection company took my 1997 Pontiac Grand Am...I called the police, but they had paperwork to prove they could take it, thank god the motor was blown...now they are still coming after me with the same balance as I had before they took the car.
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∙ 14y ago
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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 a credit card company take your paid off vehicle?
They can if they got a judgment on your possessions for non payment of debt, otherwise no.
If i don't pay credit card debt can they take my car that is paid off?
If Your creditor get a judgment against you they can sell what property you have to pay the debt. So the answer is Yes.
Is the spouse responsible for the deceased credit card debt in Illinois----Will they take it out of the estate?
Yes the debt is paid out of the estate. If the spouse was a partner in the debt, they can be responsible. If they had a card in their own name, they may have to pay. Consult a probate attorney in Illinois.
What steps can people in credit card debt take to reduce their debt without declaring bankruptcy?
Credit card debt consolidation with the help of an accountant or a debt consolidation service and careful management of income can be helpful steps in reducing your credit card debt without declaring bankruptcy.
How long will it take to pay of a 1000.00 credit card debt paying 2 percent at 18 percent interest?
18x1000.00 + when the loan has to paid back by.
Get Rid of Your Credit Card Debt?
If you have credit card debt, here are some steps you can take: Stop using the credit card immediately. Cut it up. Pay more than the minimum payment each month. If you have debt on more than one credit card, pay off the one with the higher interest rate first, while still paying the minimum on the other. When the first is paid off, add that amount to the payment on the next to pay it off faster. Once your debt is paid off, endeavor to charge only those amounts that you can pay each month.
Can you loose home to credit card debt?
No. Credit card debt is unsecured and they can take nothing from you ever. They can only harrass and threaten and trick you into settling for a percntage of what you owe.
Can credit card debt collectors take you to court in Maine?
Yes.
Can a motorcycle purchased on credit card be repossessed?
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.
Can a credit card provider garnish your wages?
They can if they take you to court for non-payment ! The debt is yours - therefore the court can order part of your wages to be paid directly to the card company until your debt is paid off ! If that happens, there's nothing you can do to stop it - apart from quitting your job ! (Which would be stupid !)
Can a credit card company or debt collector take money from your IRA?
No they cannot
