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Debt Destroy

Credit card debt


bsteffans Rep Points: 5
Posted on August 2, 2008 at 1:07 am
What does it mean when you have a judgment against you for a credit card that you haven't paid on for over a year, once the card company gets a judgment against you what happens, do they place a lein on your property or what, please help

finvik Rep Points: 55
Posted on August 19, 2008 at 12:14 am
once the card company gets a judgment against you it means that you in DEEEP S$%T. You didn't pay your debt and now a judge is going to tell you to pay or face the consequences. yes the Card companies can go to any extent to recover from you.Vik

KrisNY Rep Points: 485
Posted on September 22, 2008 at 11:40 am
It just means you owe them the money and it's legal. I don't think they can go after your house or anything- It's not a secured debt-- it's unsecured.  I'm not 100% sure- but I think it just means that yes you do owe it. It could go to collections.

beautyqueen26 Rep Points: 6,185
Posted on March 26, 2009 at 4:13 pm
Hopefully, the matter won't go so far as a property lien.  If you are married, be sure that your spouse's income goes into a seperate bank account or the spouse's income may be available to your creditors.