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    mare51052's Avatar
    mare51052 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 18, 2008, 11:16 AM
    Can credit card companies put a lien on my property?
    I have recently retired, my husband got almost half of my nys teacher benefits from a quadro... (got nothing from him 'cause he didn't have anything) can't pay credit cards any longer... believe I am judgement proof... can a lien be put on my house... I don't have a mortgage and pay all my taxes
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 18, 2008, 11:33 AM
    Generally, they can't put a lien on your personal residence for unsecured debt. Though that does vary from state to state. However, even if they do place a lien, that just means you have to pay when you sell. They can't force you to sell.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #3

    Mar 18, 2008, 12:02 PM
    Quote Originally Posted by mare51052
    i have recently retired, my husband got almost half of my nys teacher benefits from a quadro...(got nothing from him 'cause he didn't have anything) can't pay credit cards any longer...believe i am judgement proof.....
    Hello m:

    If you have any income at all, like a retirement, those funds are subject to garnishment... So, I don't know if you're so judgement proof.

    excon
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