Dealing with Debt
questions & answers
Question: cant pay my monthly payments on 6 credit cards my home is paid off can they take home are no just lien
Answer: If payment arrangements cannot be negotiated, the credit card companies can go to court to obtain Judgment Liens. In Arizona, a “Judgment Lien” creates a lien against all of the real property then owned or later acquired The judgment creditor can foreclose on its judgment lien and force the sale of the judgment debtor’s property to satisfy the judgment.Also see “Dealing With Debt” article http://www.lawforseniors.org/articles_info.cfm?sc=80&mc=8&articleid=120
QUESTIONS
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cant pay my monthly payments on 6 credit cards my home is paid off can they take home are no just lien
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