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Yes. A car can be taken for a credit card debt if the creditor sues you in court, is successful and obtains a judgment lien. The creditor can use that judgment lien to take any property you own including your home and your car and your bank account.
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Which of the following is an example of secured debt?
credit card
Can your car be repossessed for credit card debt?
Unless the credt card company is the lienholder on your vehicle, no.
Can 2500 credit card debt permit credit card co to take your car?
NO. Only a lender with a lien on your vehicle has the legal authority to repossess it.
Can a credit card company go after the car of a deceased person to satisfy unsecured debt?
A credit card company can sue someone for defaulting on debt. When they do this, they can be awarded a judgment. If the debtor has assets, such as a car or checking account, then they can be awarded those things. For property, usually the items are auctioned so that the collection agency (credit card company) can get the cash. If the person is deceased, you may be able to transfer ownership of the car before the credit card company tries to take it. Unless you are listed on the debt as a joint account owner, you are not liable for it. the FDCPA spells out your rights in terms of debt collection.
If you had a car loan that included a 4000 credit card debt and the car was repossessed and there is a 13000 deficiency do you have to pay the full amount or do you have any recourse?
Yes, you still own the debt.
Can a credit card company take your car in Kansas?
A credit card company can sue you and receive a judgment in court demanding you repay your debt, but they can't take your car (or any other property) or put you in jail. Check out the Fair Debt Collection Practices Act for your rights as a consumer.
Can you just declare bankruptcy on your credit card debt with no car loan or payments and don't pay any kind of rent basically just don't want to pay off credit card debt?
Not unless your source of income has dried up.
If i don't pay credit card debt can they take my car that is paid off?
If Your creditor get a judgment against you they can sell what property you have to pay the debt. So the answer is Yes.
Can a you be forced to sell your home or car to pay for unpaid credit card debt in North Carolina?
Yes that can hapen any where.
Why is it called unsecured credit if they can come after you?
It's called unsecured because there is no concrete collateral such as a car or a house that you explicitly use to guarantee the debt. For example, a car loan is a secured debt. If you don't pay, they repossess the car. A credit card is an unsecured debt; if you don't pay, they can come after you... but there is nothing (such as a car or a house) that they can immediately and swiftly go after and take.
Can wages be garnished for medical bills in Texas?
Wages cannot be garnered for medical bills in Texas. They can also not be garnered for credit card debt, mortgage debt, or car loans.
Is the estate of mother responsible for medical bills and credit card debt when she owns a mobile home and rents a space in a mobile home park and owns a car?
The general rule is that the estate is responsible for the debts of the deceased, including medical bills and credit card debt. It's not clear what owning a mobile home and car have to do with it, other than that those are assets that could be liquidated to pay off the debt.
