Yes, if the creditor obtains a judgment lien in court.
Yes, if the creditor obtains a judgment lien in court.
Yes, if the creditor obtains a judgment lien in court.
Yes, if the creditor obtains a judgment lien in court.
Wiki User
∙ 11y agoWiki User
∙ 11y agoYes, if the creditor obtains a judgment lien in court.
You have to, it is a debt...it is just a secured debt...by the lien on the property.
Yes, absolutely. Credit card debt is not different from other debts in general. If there is a mortgage on the property, the lenders lien of course has priority.
yes
NO. Only a lender with a lien on your vehicle has the legal authority to repossess it.
The lien is probably still in place, and the fact that it was filed is still on your credit file.
If it is credit card debt, the lien is invalid, but if you or your mother ignored a complaint about the debt and failed to object to the lien, you may have to do something about it in the court that granted the lien. If you live in a state where a credit card lien can be obtained without a court order, you will have to take some other legal action. If you fail to have the lien removed, it will come back to haunt you if you want to refinance or sell the property, or if you die.
Unfortunately, some states do allow for this to occur. The credit card company usually renews the lien and adds the cost of the renewal to the lien. It is better to pay off any bad debt you have obtained before this situation.
no
Yes. A car can be taken for a credit card debt if the creditor sues you in court, is successful and obtains a judgment lien. The creditor can use that judgment lien to take any property you own including your home and your car and your bank account.
Yes! When a lien from a credit card or any unsecured debt shows up on a property title search, its a second to the primary lien. Any mortgage or taxes would be paid first. So if you were buying or selling a house with that type of lien, you can contact the company who placed the lien and offer them an amount to settle their claim. Its usually far less than whats owed because they could get nothing in many cases. Many settle for 10% to 20%.
It depends on whether there was equity in the home at the time the lien attached. If so, it is a secured debt and will have to be paid. You may have to have hearing to determine dischargeability.
http://wiki.answers.com/Q/Can_a_lien_be_put_on_a_married_couple%27s_house_to_pay_back_credit_card_debt_even_if_the_card_is_only_in_one_name"