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Can a credit card company put a lien against you?

A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.


What can a credit card company do if they take you to court but you are disabled and still can't pay?

If you are getting disability or social security, credit card companies cannot garnish your wages. However, the judge can issue liens against your property.


Can a credit card company put a lien against your property in North Carolina?

Yes, if they file suit and receive a judgment the creditor can execute the judgment as a lien against the debtor's property.


What is a judgment in personal finance?

When a person is taken to civil court (for example, a credit card company suing a cardholder to get paid back), the court makes a judgment for or against the plaintiff (entity initiating the lawsuit, in this example, the credit card company). If the judgment is for the plaintiff, the result is effectively a judgment against the defendant (the person taken to court in the example). Part of the judgment is the amount that is to be paid to the entity winning the court case (judgment). Judgements against a borrower (and the amount set to be paid by that borrower) will make their way onto the credit report and will cause a drop in credit score.


If you have a judgment against you what does this mean and what can the company that has the judgment against you do to you?

A judgment is a court order that is awarded when a lawsuit is won by a plaintiff. The judgment can be executed in several ways pursuant to the laws of the state where it was awarded. Some of them are, garnishment of wages, levy of bank account(s), liens against real property, seizure and sale of nonexempt assets belonging to the defendant. Macky...(macky83@juno.com)

Related Questions

Can you receive disability from your job and disability from social security at the same time?

Yes, it is very common for disability insurance plans to include a clause for social security disability, meaning the insurance company will pay a portion of the monthly benefit, expecting that you would apply for social security benefits to pay for the "Supplemental Social Security benefits". In the event you get declined by Social Security, then the insurance company would cover the additional supplemental benefits. Employer group plans as well as individual disability insurance plans can include that clause.


How long do you have to file suit against a insurance company for dening medical disability insurance?

statue of limitations for filing suit against bad faith disability payments


Can the IRS levy or garnish a Social Security Disability Settlement Check?

Social Security does not allow garnishment of disability benefits by creditors. Any credit card company, business, or individual who has won a judgment against you will never garnish your Social Security disability check.Social Security will allow garnishment of your Social Security disability benefits for current and past due child support or alimony. And the Internal Revenue Service is allowed to garnish Social Security disability and retirement benefits for delinquent taxes.Also, in addition to the IRS, other federal agencies may be allowed to garnish Social Security disability benefits.For instance, if an individual owes student loans that were federally guaranteed their Social Security disability benefit can be garnished.In theory, any money owed to the federal government can conceivably be garnished from Social Security retirement or disability checks.If you receive Supplemental Security Income (SSI) disability benefits, however, no creditor can garnish your benefit, not even the Federal Government. Since SSI is a need based disability benefit, it cannot be garnished.


Can an auto insurance company file a lien against your home for auto damages?

Yes--but only if they have a court judgment against you. In that case, they would have what is called a judgment lien.


can credit card co.garnish disability or retirement checks?

A credit card company may win a lawsuit against you to garnish your disability or retirement checks.


What is proof can i use for a title company that a judgment has been paid?

A letter from the collection company or creditor who reported it or a lien release form if the judgment was placed in lien against property.


Can a credit card company put a lien against you?

A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.


Can personal property be levied when a judgment is placed against you for credit card deliquency?

Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.


Can a credit card company put a lien against your property in North Carolina?

Yes, if they file suit and receive a judgment the creditor can execute the judgment as a lien against the debtor's property.


If your company does not offer maternity leave can you collect disability?

Short term disability will cover your maternity leave if you purchased a policy before getting pregnant. Social security disability will not cover maternity leave, nor will most long term disability policies.


What can a credit card company do if they take you to court but you are disabled and still can't pay?

If you are getting disability or social security, credit card companies cannot garnish your wages. However, the judge can issue liens against your property.


Can a credit card company put lien on your property in California?

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.