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    oconnell7278's Avatar
    oconnell7278 Posts: 1, Reputation: 1
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    #1

    Apr 28, 2009, 08:51 AM
    Can credit card companies put a lien on Real estate investment properties?
    I live in Florida. I have 3 investment properties with mortgages and very little equity left in them. If I default on on my credit card debt can they put a lien on these properties. My expesnse each month far exceed my income. Thanks for your advice. Ed O'Connell
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #2

    Apr 28, 2009, 10:00 AM

    As far as I'm aware, if your name is on it, they can file a lien against it if they win a judgment against you. It doesn't matter if there's equity left in it or not; this ensures that they get their money.
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