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  • Aug 30, 2007, 09:56 AM
    ludermae
    Credit card judgements
    I live in SC, what items are exempt from being sold in a property seize.
  • Aug 30, 2007, 10:58 AM
    allbut8
    Fortunately, South Carolina is one of few states where wages cannot be garnished to pay for credit card debt.

    You will need to check your state laws on property exemptions. All situations are different. Here is a general summary:

    Homestead
    $5,000 homestead exemption ($10,000 if multiple owners).

    Wages
    100 percent of earnings for personal services.

    Automobiles
    $1,200 in one motor vehicle.

    Other Property
    $2,500 in household furnishings, goods, clothing, appliances, books, animals, crops, or musical instruments; $500 in jewelry; cash and other liquid assets totaling $1,000; $750 in any implements, professional books, or tools of the trade; all professionally prescribed health aids.
  • Aug 30, 2007, 11:02 AM
    ScottGem
    Generally a primary residence can't be attached for unsecured debt. Most creditors, don't want property, they will only go after cash assets.

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