Re: Can Credit Cards only lien your house on what you own them

Posted by catb (4.14.166.70) on July 06, 2004 at 18:36:58:

In Reply to: Can Credit Cards only lien your house on what you own them posted by Help on July 06, 2004 at 18:27:20:

a judgement can accrue interest at a amount allowed by your state. your balance wont stay at 3,000. it will go up as much as they have in the contract..some have 30% ...and a lien can only be gotten by obtaining a judgement..goin back to court to enforce the judgement and filing a lien on property , which you should always claim exempt in any proceedings. they can lien whatever the judgement is for plus xx% interest yearly as allowed in your state.

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