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When I die, your credit card companies have absolutely nothing to do with the situation.
When I die my credit card companies will take whatever I owe them.
Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.
yes, and its always against you
The creditor can file suit against the debtor and if the creditor is successful and is awarded a judgment the judgment can be executed against all non exempt real and personal property belonging to the judgment debtor.
Yes. My husband had credit card debt from before we got married and purchased out house. It turned into a judgment lien and not it's attached to the house we bought together even though the house is in both our names and I had nothing to do with the credit card.
Yes, it is irrelevant how the property was purchased. If it is titled in the judgment debtor's name a lien can be placed on the property. The exception could be if the judgment debtor is married and does not live in a community property state and the spouse is not a co-judgment debtor.
Yes.
Not unless they sue you and and win a judgment in court.
Yes, if they file suit and receive a judgment the creditor can execute the judgment as a lien against the debtor's property.
Nothing. A lien may be placed on real property that you own. At time of sale..the lien will be satisfied. Kiss the ground you live in florida. You can steal from credit card companies at will.
Yes, if the creditor sues the debtor and is awarded a judgment the judgment can be used to place a lien against real property belonging to the debtor.
Yes, if the lender sues the debtor and receives a judgment award, the judgment can be executed against personal or real property owned by the judgment debtor.
Any assets you have such as property, automobiles, bank accounts or wages.