Yes, a lien can be placed against real estate for unpaid debt. Generally, this results in no loss of the real estate, rather impedes the title by having additional liens which need to be cleared by payment prior to sale or transfer by some other means (like a will). Consult a real estate attorney for more specific information.
I would add that it would be a good idea for homeowners to check how their property is titled. And also to be informed of the laws of the resident state concerning such matters. For example, a state which recognizes "tenancy by the entirety" is quite different in real property, than a commnity property state.
You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
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.
If you are getting disability or social security, credit card companies cannot garnish your wages. However, the judge can issue liens against your property.
Yes, in most cases a lien can be placed against real property belonging to the debtor. If the person is married and it is not a joint debt the property would be exempt from any attempt at forced sale. The N.C. homestead exemption is $10,000.
There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.
You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
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.
If you are getting disability or social security, credit card companies cannot garnish your wages. However, the judge can issue liens against your property.
No. Liens may be placed on property owned, but must be done by via legal judgment.
Credit cards are unsecured debt. If use your home to back up the Credit line. Yes they can.
You cannot. The card will need to be replaced.
There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.
Yes, in most cases a lien can be placed against real property belonging to the debtor. If the person is married and it is not a joint debt the property would be exempt from any attempt at forced sale. The N.C. homestead exemption is $10,000.
They cannot transfer funds from their credit card but they could make a check or cash payment to your credit card.
If you bought the bike on credit and miss the payments, they can and will repossess the bike and sell it at auction. Just like a car.
A medical credit card is used like a credit card. If a person cannot afford to pay for a procedure directly out of pocket, they can use a special medical credit card to help pay for the procedure.
You cannot purchase home depot credit card online but you can purchase a home depot gift card online or in the store. To get a credit card you have to apply for it