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    bigboy61's Avatar
    bigboy61 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 2, 2007, 02:46 PM
    Being sued for credi card drbt can they take my home
    Hi I'm just found out I'm being sued for some credit card debt about 1700 dollars when I was working I always paid them on time was making 4000 a month now I'm disabled and on sued with a income of 1331 a month and doctor bills and medication are so high that I just don't have the money to pay for them I do have a mor on my house its only 350 a month so you see I'm afraid of losing it because I would not be able to rent something else for the same can anyone help answer thanks
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    May 2, 2007, 06:16 PM
    Hello big:

    No, they can't take your home. Credit cards are "unsecured" debt. That means they have nothing to secure their loan but your word. They can't all of a sudden get your home as security.

    excon
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