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View Full Version : Florida and New York, property lien by credit card companies


sonny88
Oct 15, 2008, 10:59 AM
Can credit card companies put a lien on a home and car in the state of Florida or New York?

ScottGem
Oct 15, 2008, 11:18 AM
In most areas it is rare that a lien can be placed on a primary residence due to unsecured debt. Florida, especially has homestead protection laws.

Its unlikely for a creditor to put a lien on a car, its more likely, but still rare that they will seize car for unsecured debt.