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

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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 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.




Texas is a non garnishment state. You don't need to be worried about losing your home or your wages being garnished, unless it's a federal debt. The most creditors can do is take you to the court and set a payment plan in front of the judge.

Sub: #1 posted on Mon, 07/02/2007 - 12:37

BKP BKP

(Posts: 239 | Credits: )

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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.

Sub: #2 posted 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.

Sub: #3 posted on Sun, 11/02/2008 - 07:08

sdchargers_63 sdchargers_63

(Posts: 1798 | Credits: )

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

Sub: #4 posted 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.

Sub: #5 posted on Fri, 05/22/2009 - 04:24

NASCAR_Devil NASCAR_Devil
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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!

Sub: #6 posted on Fri, 05/22/2009 - 12:24

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Thanks for the update. Guess I need to clean up my bookmarks

Sub: #7 posted on Fri, 05/22/2009 - 12:26

NASCAR_Devil NASCAR_Devil
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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?

Sub: #8 posted 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?

Sub: #9 posted on Mon, 06/22/2009 - 15:12

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They can at most put a lien on it which you'd have to pay back only when you sell the house, but they'd have to get a judgement aqainst you in court first.

Sub: #10 posted on Mon, 06/22/2009 - 15:42

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