Credit Card Collection Laws

I was served papers in the county of about 2 credit cards (which the company no longer exists). They sold it and sold the next it.It 's collection on 3rd / now.I agency law firm has called and they informed me that I do not pay at least $ 10,000. in the following month, they will put a lien on my property and after that, they can force a sale.They take the $ 13,300 1. (Or full time) and 7 1 / 2% of the sale and the rest would go me.My total original debt was $ 7,500, with interest accrued at 12% is over $ 13.300. now.I had tryed to work with the 1st company to pay these off, but I could not pay their terms.I had many health problems since 2004 and at least the hospitals are willing to take help payments.Please affordable if you know something about the laws in South Carolina relating to these matters.Thank you.

Are there any judgments against you? If not, then nobody can touch any of your assets.

If a debt collector who does not have a ruling is a threat to attach your assets, they violate debt collection practices fair debt law.

They can enter / force you to sell goods that were purchased with the credit card. They can not directly force you to sell something else.

They can force you into bankruptcy if they can prove that you can not afford to pay your debts, which carries almost the same thing ... you have to get rid of all the assets that the Court says that you can not keep.

At this point, I think you should have your own lawyer.

corporate credit cards can harass you and ruin your credit, but they are an unsecured claim. So no they are just trying to scare you into giving them the amount you can get. Sleep easier knowing they are and harass, but have no leg to stand.

Previous post is false. "Not Guaranteed" means that you do not pledge a specific part of the guarantee as security when you've borrowed. This does not mean that the court can not place a lien later to force payment.

All they can do is get a trial and garnish your wages. They can not take home to sell. They can put a lien on the house if they can not obtain a decree of garnishment, but that's all they can do.

First, if you serve, you must answer the complaint in our region, you have 20 days to respond. If you do not answer, you get a trial by default. This ruling may be placed on your property. You must look at the statue of limitation on SC card debt credit if it is to move the statue of limitation when answering Make sure you say in your answer is to move the statue of limitation. I suggest if you can afford to make contact with a lawyer

First, you need to know your statute of limitations in your state.
http://www.creditinfocenter.com/rebuild/ ...
SOL on judgments in:
http://www.creditinfocenter.com/rebuild/ ...

You might consider filing bankruptcy before that happens to put an end to all mortgages. Want to keep your house if you file bankruptcy, it erases the debt and the risk of foreclosure and liens.
Collectors can put a lien on your house.
As for forcing you to sell, you'll need to talk to a lawyer.

Well, I know they can place liens on your house or other property before the courts. However, I do not live in your state, but where I live, you can ask the bankruptcy. There are terms that you always have a percentage of pay, and it makes your credit terrible, but it can be useful if you are in a bad way.

In addition, if yo.