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    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #1

    Feb 8, 2009, 10:25 AM
    losing my house

    I live in ny I have about 150 left to pay on house,the value is 300 can I lose my house for credit card debt
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 8, 2009, 10:31 AM

    First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

    Second, did you read the response in the thread you posted in? In most states, including NY unsecured debt cannot be used against a personal residence.
    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #3

    Feb 9, 2009, 09:07 AM

    I think it helped not suck yet,sorry about piggy backing I'm new
    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #4

    Feb 9, 2009, 09:18 AM
    What I meant to ask can they put lien on property
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #5

    Feb 9, 2009, 09:23 AM

    Being new it would help if you read the FAQs and browse around a bit before posting.

    The same answer holds, primary residences are exempt from liens or attachments for unsecured debt.
    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #6

    Feb 9, 2009, 09:34 AM

    Thanks I was asking because we were told that a lien could be placed
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #7

    Feb 9, 2009, 09:46 AM

    Who told you that?
    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #8

    Feb 9, 2009, 10:01 AM
    A friend,if they put judgement on me can they freeze bank account or take money off sale of house if I see
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #9

    Feb 9, 2009, 10:18 AM

    Ask your friend to show any facts to back up his statement. As far as I know primary residences are exempt.

    Yes they can attach bank accounts and garnish salary if they obtain a judgement. But they can't touch your primary residence.
    wallya's Avatar
    wallya Posts: 6, Reputation: 1
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    #10

    Feb 9, 2009, 10:33 AM

    If they put judgement on me can they get money if I see house

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