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View Full Version : Credit card compnay wants to put a lien on my car


lindared
Apr 23, 2008, 11:31 AM
Can a credit card company put a lien on my car? I still owe $4000 to Ford Motor Company on it, and have been paying on time. It is worth around $10,000 much less than my credit card debt.

ScottGem
Apr 23, 2008, 11:33 AM
It depends on where you are. Its certainly possible for them to seize any assets. But most places do not allow unsecured debt to be used to attach property.