Yes. If the account is not paid as agreed in the original contract the creditor can sue the debtor, but they ususally try to avoid legal action.
Yes you can.
YES
If you're only an authorized user on a credit card, you don't directly owe anything as far as the credit company is concerned. However, you can still be sued by the individual who has the card account.
Yes, the agreement includes their ability to sue you for unpaid bills.
Generally, credit card companies cannot "seize" money in any form. However, they could get a court ordered judgment against you, and if the company has a lien on your bank accounts, they will be able to take any money that is deposited there, regardless of the source. However, if you've defaulted on credit cards to the point where you've been sued, and they've gotten judgments, you aren't going to qualify for a student loan anyway, so this is moot.
No
No, but in all likelihood a default judgment will be entered in favor of the plaintiff and can be enforced against the defendant debtor's real or personal property according to the laws of the debtor's state.
Yes you can.
I mean is can the house have a lien put on it by the credit card co.?
Absolutely yes. It happens to someone everyday.
YES
Your bank sets the limit. But yes.
Of course, and they can be sued if they don't pay.
Yes. Every time you sign for a purchase, you are agreeing to the terms and conditions of use of the credit card which includes repayment. If you don't repay the debt, you will be sued for not only the credit card charges but for interest and probably legal fees, too.
Yes....AND/or you would have your wages garnished.
Yes, but only after you are sued, lose and have a judgement against you.
A person's wages can not be garnished unless a judgment is obtained in court against that person. People get sued all the time for credit card debt. Once the credit card company gets a judgment, then they can garnish wages.