Credit card debt

marge16 · #1 Nov 24, 2006, 01:36 PM

I have a mobile home (trailer) and I pay to park it in a trailer park. I am in debt with credit cards....in two weeks I will be layed off work. Can the credit cards take my trailer? This is considered personal property...trailer is paid for. Thanks, Marge

CaptainForest · Nov 24, 2006, 02:50 PM

No, they cannot.

But they might be able to place a lien against it so that when you try to sell it, the precedes of the sale will go to the cc company. But, before they can try to do that, they will have to sue you and get a judgement against you.



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!