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What Can Creditors Do If You Don't Pay? | Nolo.com


Typically, unsecured debts include credit card charges and amounts your ... In some states, the lender must file a lawsuit to foreclose on a house (called judicial  ...

8 Things Debt Collectors Won't Tell You | The Huffington Post


Mar 16, 2012 ... If you owe unsecured debt such as credit card debt, collectors must ... But threatening to take such actions before they have sued you and won ...

How to React If Your Credit Card Company Sues You - ABC News


Aug 3, 2013 ... Whether the notice comes in the mail, or is delivered to your doorstep, being told that you are being sued for a credit card debt can be terrifying.

Credit Card Lawsuits: Will I Lose Property After a Judgment?


Oct 16, 2013 ... Can My Credit Card Company Sue and Take My Stuff If I Don't Pay? October 16 ... Credit card debt, unlike mortgage debt, is unsecured debt.

Can a creditor sue me for unsecured debt? | LoanSafe.org


Mar 25, 2010 ... When it comes to debt there are two kinds of debt, secured and unsecured. Secured debt is a debt that is backed by some form of collateral.

Can You Be Sued by a Collection Agency for Non-Secured Debt ...


These debts are known as “unsecured” or “non-secured” debts. Credit cards are a common example of unsecured debt. If you stop paying your unsecured debts,  ...

Unpaid Credit Card Balances and the Law


Unpaid, unsecured debts such as credit card balances, medical bills, and ... Never take the prospect of getting sued lightly - the consequences are too severe .

Seven Ways To Defend a Debt Collection Lawsuit - Credit.com


Sep 5, 2012 ... What happens when you are sued by a debt collector? While it ...... costs in the courts (at least for this type of unsecured debt) can often include:.

Erica Sandberg: What happens when you're sued for a credit card debt


Jan 25, 2012 ... I am being sued in civil court over a credit card debt. ... SSD can't be garnished by an unsecured creditor, but you may own items and have ...

They Can't Garnish Your Wages – Yet! Understanding Unsecured ...


Jul 9, 2011 ... Understanding Unsecured Debts & Bankruptcy ... If you have been sued by a credit card company or if the company has obtained a judgment ...

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What is an Unsecured Debt? | Nolo.com


If you fail to make payment on an unsecured debt, the creditor cannot take any of your property without first suing you and getting a court judgment. (There are a ...

What are the Odds you will be sued by a debt collector or creditor?


If it is unsecured, he might offer you a reduced settlement or new payment arrangement to get you paying again. Big creditors don't sue over small debts.

Why is My Credit Card Company Suing? Should I Settle?


Feb 24, 2014 ... your credit card company is suing you to try to get a judgment so that they ... First, understand that credit card debt is a type of unsecured debt, ...