CAN CREDIT CARD COMPANIES OR THE AGENCIES THEY SELL YOUR DELIQUENT ACCOUNT TO PUT A LIEN ON YOUR HOME IN South Carolina AND IF SO WHAT ARE THE RULES ?
Only if the credit card an "equity line of credit" which is secured by a second mortgage on the property. But then, if her name is not on the house, she couldn't have used it for security on the credit card, so NO.
yes
At my house
If the collector sues the debtor and is awarded a judgment the judgment can be executed as a wage garnishment.
Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.
How much can a credit card collector do with a lien on your property in Fl
No they cannot
Only if the credit card an "equity line of credit" which is secured by a second mortgage on the property. But then, if her name is not on the house, she couldn't have used it for security on the credit card, so NO.
yes
At my house
If the collector sues the debtor and is awarded a judgment the judgment can be executed as a wage garnishment.
Your credit card statement whether online or in the mail is a good place to look for your billing address for your credit card.
Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.
If someone is interested in obtaining a nationwide credit card, one place to start is the Nationwide website where you can fill out an application for a credit card.
One of the best ways to rebuild your credit is to get a prepaid credit card. You will have a credit limit of the amount that you have chosen to place on the card. They report the payments to the credit bureau and some will even upgrade you to a regular credit card after a year of activity.
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
Yes, the house will probably have to be sold to pay off the credit card debt if there are no other assets. The alternative might be for those that live there and are to inherit to take out a mortgage and buy the house from the estate for the amount of the credit card debt and pay off the credit card bills. This would eliminate the credit card companies placing a lien on the house and allow them to get clear title.