disabled and in debt problems
Date: Mon, 03/14/2011 - 04:34
I am a 60 years old man and live on disability benefits. I get around $500 from my disability benefits. It is not enough to cover my monthly expenses. So, I have to use credit cards to cover other costs. I pay nearly $100 on my credit card bills. It is getting difficult for me to pay this $100 also. So, I am thinking to ignore the bills from next month. My question is, can the credit card company seize my home from me. I have only this thing left to me. What can happen if I don't pay my credit card bill?
No, the credit card company can't seize your home for non-repaym
No, the credit card company can't seize your home for non-repayment of bills. However, I would suggest you to continue to pay the bills. Otherwise, the credit card company may sue you.
Have you applied for food stamps and utility assistance? Mayb
Have you applied for food stamps and utility assistance?
Maybe you can work out a smaller payment with the credit card company, letting them know your circumstances. How much do you owe?
If they sue you, you would have a lien against your property.
