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View Full Version : Lien on my Car


KathFez
Jul 14, 2008, 12:38 PM
I owe Capital One $3000.00 in credit card debt. I am on Social Security disability and the only asset I have is a 2001 Hyandi that was given to me as a gift. Can a lien be put on that car? I live in the state of New Jersey.

TheCleaner
Jul 15, 2008, 05:50 AM
Probably not, deppends on your state laws but I don't think so.
Even if they can the only thing you'll have to do is keep driving that car until is ready for the junk yard.

ScottGem
Jul 15, 2008, 05:54 AM
In most states, unsecured debt can usually not be used to place a lien on real property. Even if it was, this would only have to be dealt with if you sold the car.