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If you can not pay your unsecured debt. Can they take

Date: Mon, 07/02/2007 - 11:21

Submitted by anonymous
on Mon, 07/02/2007 - 11:21

Posts: 202330 Credits: [Donate]

Total Replies: 18


I have fallen on hard times. If you can't pay your unsecured credit card debt, can they take your house in the State of Texas? I want to pay my debts, but I'm feeling sick everyday worrying about my house being taken. Can they legally do this in Texas? Thank you for your help.


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I have fallen on hard times. If you can't pay your unsecured credit card debt, can they take your house in the State of Pennsyvania I want to pay my debts, but I'm feeling sick everyday worrying about my house being taken. Can they legally do this in Penn. Thank you for your help.


lrhall41

Submitted by on Sun, 11/02/2008 - 02:47

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This LAST post looked TOO much like the FIRST one....just with the name of the state changed. I live in PA. PA is another one of those states that they cannot 'garnish' from, except 'Government stuff' (ie..Child Support, defaulted Student Loan, etc.). Hope this answers your question.


lrhall41

Submitted by sdchargers_63 on Sun, 11/02/2008 - 07:08

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CAN THEY TAKE MY HOME IN OHIO IF I CAN'T PAY MY CREDIT CARDS. THANKS


lrhall41

Submitted by on Thu, 05/21/2009 - 20:20

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No. A debtor generally may claim exemption of certain real or personal property from execution of a judgment against him or in a bankruptcy proceeding. In a case where the judgment was for money
owed for health care services or supplies, the debtor or his family may claim exemption of one parcel or item of real or personal property that he or his family uses as a residence. (O.R.C. 2329.66(A)(1)(a).)
In all other judgments, a debtor may claim exemption of his interest, up to
five thousand dollars ($5,000.00) in one parcel or item of real or personal property that he or his family uses as a residence, one thousand dollars ($1,000.00) in one automobile, four hundred dollars ($400.00) in cash, and certain amounts in other personal or trade items as provided in O.R.C. 2329.66.


lrhall41

Submitted by NASCAR_Devil on Fri, 05/22/2009 - 04:24

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Nascar, your numbers are outdated for Ohio. SB 281 took effect about Oct. 1, 2008 and updated the exemption values to be the same as the federal bankruptcy code. It's now $20,200 exemption for the home, over $3000 for the car, cash is still the same, but household goods, tools of the trade and wild card (available only in BK) also went up. Good news for debtors!


lrhall41

Submitted by on Fri, 05/22/2009 - 12:24

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Great advice on here. I live in NJ, have about $22,000 in credit card debt spread among 6 cards with different banks. largest is $10k, then 4.5, 2.5, 2.5, 2, 1 each. Without going into all the details it is either food and shelter or the credit card payments and you see what wins. I do own my house outright, but the problem is an injury that keeps from working. (had been self employed). Can they take my house if I stop paying the credit cards?


lrhall41

Submitted by on Mon, 06/22/2009 - 15:12

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Great advice on here. I live in NJ, have about $22,000 in credit card debt spread among 6 cards with different banks. largest is $10k, then 4.5, 2.5, 2.5, 2, 1 each. Without going into all the details it is either food and shelter or the credit card payments and you see what wins. I do own my house outright, but the problem is an injury that keeps from working. (had been self employed). Can they take my house if I stop paying the credit cards?


lrhall41

Submitted by on Mon, 06/22/2009 - 15:12

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if you have a hard time paying unsecured debt, can they take your house in the state of michigan


lrhall41

Submitted by on Wed, 01/27/2010 - 14:21

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i have been served with a law suit in dallas texas for a target credit card, i don't work and i have no way of paying if they get a judgment against me what can they do to me i don't own a house i don't on the car, payment made by daughter,credit card debt was 5000.00 now it's 7000.00 i have no way of paying this off no job in sight and if i find one it will only be mim wages what can they do to me can't afford a lawyer don't know how to response to the simmons that i was served please help if i could pay i would


lrhall41

Submitted by on Sun, 01/31/2010 - 04:15

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I'm assuming you live in Texas (lawsuit in Dallas).....Wages cannot be garnished in Texas, nor can a lien be put on a home for unsecured debt. Is the OC or a CA that is suing you? I would appear in court; it appears that you are judgement-proof at this time. Use the search button in the upper right hand corner of this forum to see experiences others have posted regarding Target cc & the agency suing you.


lrhall41

Submitted by on Mon, 02/01/2010 - 11:28

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