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Can my creditors seize my home because of the credit card debt?

Submitted by on Fri, 07/12/2013 - 04:48
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My credit card debt amount is $45,000. I have saved a huge amount in my retirement fund. I can easily pay off the debt by using my pension fund. Actually, my creditor has filed a lawsuit against me. Should I use the money to pay off the debt? I have a house in Wildomar, CA. Can my creditors seize my home because of the debt?


It would be better for you to contact with your creditor and pay-off your debts asap. Otherwise they may place a lien on your property after issuing a court order against you.


Submitted by on Mon, 07/15/2013 - 22:09

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