My Husband had a truck and never paid for it. The debt collector wouldn't never come get the truck becasue they went bankrucpty. They ran it on his credit for seven years. NOW they have put a lein on a house in his name.... Can they place a lein after running this on his credit for seven years? CAN CREDIT CRAD COMPANYS PLACE LEINS?
2007-09-14 11:02:28 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
My Husband had a truck and never paid for it. The debt collector wouldn't never come get the truck becasue they went bankrucpty. They ran it on his credit for seven years. NOW they have put a lein on a house in his name.... Can they place a lein after running this on his credit for seven years? CAN CREDIT CRAD COMPANYS PLACE LEINS?
State of Georgia
2007-09-14 11:12:30 · update #1
My Husband had a truck and never paid for it. The debt collector wouldn't never come get the truck becasue they went bankrucpty. They ran it on his credit for seven years. NOW they have put a lein on a house in his name.... Can they place a lein after running this on his credit for seven years? CAN CREDIT CRAD COMPANYS PLACE LEINS?
State of Georgia: My husband was young and dumb so he told them to came and get it, to which they did not, just placed a lien on a house in his name!
2007-09-14 11:16:04 · update #2
Auto finance is what I do for a living and the only way this could happen is if they went to court and got a judgment.
If they did this, then yes they can file liens on any property he may own plus garnish his wages (if your State allows it) and attach bank accounts.
Check with the court clerk in the county the home is in and make sure there really is a lien.
The statute of limitations in the State of Georgia on written agreements is only 6-years so they would have had to have gone to court before this time ran out.
Credit card companies and auto lenders can both do this.
I posted a link for S.O.L. so you can look this up yourself.
http://www.bcsalliance.com/index.html
2007-09-14 11:09:32 · answer #1 · answered by ? 7 · 3⤊ 0⤋
once you verify in for a mastercard there are pastime, late fee costs, and different penalities for non-fee. those costs are how the corporate makes money and remains in company. -- you probably did no longer keep on with the phrases of the contract, so i do no longer understand why you think of you do no longer ought to pay something different than the money you spent. -- you don't get somebody else's money for unfastened. Why is it unreasonable for the corporate it is owed the money would not choose to barter with you? there is no requirement that they take a lessor quantity that what you owe. the unique mastercard company or collections company can use any or not one of the credit reporting agencies. So this debt no longer appearing on the TransUnion document would not recommend something different than that document ought to have a extra robust score because of the fact this transaction is lacking. you're incorrect correct to the SOL. If there's a judgement, which there very practically easily is by using the fact this could be a mastercard debt. The SOL to GET the judgement is the years which you're employing. the unquestionably timeline to get well the debt is 10 years in maximum states and a brilliant form of states have an automated renewel for yet another 10 years (two decades entire). What you need to do is learn if there's a small claims judgement against you? Ask the collections company to deliver you this workplace work... provide them a particular timeline to get it to you -- 30days is clever. -- in the event that they are in a position to't furnish the documentation, deliver yet another qualified letter asserting that considering they are in a position to't certify the judgement by contrast debt, you're no longer clever for reimbursement.
2016-11-15 06:08:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Credit card companies cannot place liens. Courts can. They must have gotten a judgement against you. Or maybe they are bullshitting you? Did they tell you they have put a lien on the house. Or do you KNOW there is now a lien? There are things you can do to fight back. Check creditboards.com
2007-09-14 11:11:16 · answer #3 · answered by Don 3 · 0⤊ 1⤋
Did you ever get and ignore a subpoena to go to court?
They might have gotten a judgment by default in which case the lien is legitimate. If they did not get a judgment, you can call the court house and see if there is an outstanding judgment, then the lien is illegal.
2007-09-14 11:37:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes.. What.. did you two actually think that the truck would eventyually be free?
Sheesh.. You owe, they'll come and get.... Now, you owe WAY more than you originaly paid for the truck.
Get a Lawyer.. you are going to need serious help, if you intend on keeping that house...
How did you let this happen? That's crazy...
2007-09-14 11:07:30 · answer #5 · answered by minitrail70 5 · 0⤊ 2⤋
first, i don't no the state,but a credit collector(in busness 4 collecting debt only) in tenn. can't do anything but threating to do something,my lawyer told me after 7yrs,it was almost imposible for them to collect,but the one he owes can can put lien, til its sold
2007-09-14 11:17:20 · answer #6 · answered by THE"IS" 6 · 0⤊ 0⤋
if whoever owned the original loan sold it to someone else they can. They try to pull crap like that after you claim bankruptcy. anyway i would talk to a lawyer about it.
2007-09-14 11:08:20 · answer #7 · answered by george 2 6 · 0⤊ 0⤋
Surely a Lawyer would be able to answer your question accurately
2007-09-14 11:06:54 · answer #8 · answered by Anonymous · 1⤊ 1⤋
Depends what your state law is. When asking a legal question, say where you are.
2007-09-14 11:06:28 · answer #9 · answered by Bill 6 · 1⤊ 1⤋