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What else can I help you with?
Can residential property be levied to pay debt?
Yes residential property can be levied to pay back a debt. It is common for a bank to put a levy on a property.
What is caused when a landowner is unable to pay the debt on property?
Foreclosure
Is caused when a landowner is unable to pay the debt on property?
forcloser
What is caused when a landowner is unable to pay the debt on a property?
Foreclosure
Can your home be taken away if you can't pay your credit card debt?
No, your home cannot be taken away solely for unpaid credit card debt, as credit card companies do not have the right to seize your property. However, if you fail to pay your debts and the creditor successfully sues you, they could potentially obtain a judgment that allows them to place liens on your property or garnish your wages. It's important to manage debt responsibly and seek assistance if you're struggling to make payments.
Can a collection agency have you arrested and sue you for the debt if you are unemployed and on Social Security Disability?
You cannot be arrested for failing to pay a debt. The collection could sue you, but the judgment would be nearly impossible to enforce. Your disability benefits cannot be taken or garnished to enforce the judgment. The most they could do is put the judgment on your credit rating, put a lien on your property and perhaps have some of your nonexempt property taken and sold to pay toward the judgment.
Can a car be taken to pay off credit card debt?
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.
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.
Will bankruptcy pay off car debt?
No. The secured property may be sold to pay the debt. However, you may (possibly) escape any deficiency that sale brings.
How do you get a debt taken off your house deeds?
Pay it and provide proof of payment.
Can personel property be taken for credit card debt?
yes whatever you bought with the card can be taken until the balance has been met, or you just keep getting further and further in debt
Can joint property be taken by creditors?
Yes, joint property can be taken by creditors, but it depends on the specific circumstances and the nature of the debt. If the debt is solely tied to one co-owner, creditors may only pursue that individual's share of the property. However, if both parties are liable for the debt, creditors can seek to claim the entire property to satisfy the debt. Laws regarding this can vary by jurisdiction, so it's important to consult legal advice for specific situations.
