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

    Jul 14, 2008, 12:38 PM
    Lien on my Car
    I owe Capital One $3000.00 in credit card debt. I am on Social Security disability and the only asset I have is a 2001 Hyandi that was given to me as a gift. Can a lien be put on that car? I live in the state of New Jersey.
    TheCleaner's Avatar
    TheCleaner Posts: 152, Reputation: 3
    Junior Member
     
    #2

    Jul 15, 2008, 05:50 AM
    Probably not, deppends on your state laws but I don't think so.
    Even if they can the only thing you'll have to do is keep driving that car until is ready for the junk yard.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Jul 15, 2008, 05:54 AM
    In most states, unsecured debt can usually not be used to place a lien on real property. Even if it was, this would only have to be dealt with if you sold the car.

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