what do they do when you get served with paper that you are being sued for not paying you credit card. thank y

Question

can they take you property or anything else

Answer 1

What they can or can't do depends on your states exemption statutes and if they get a judgment.

Generally with unsecured debt, like credit cards, they cannot seize property, though they can place liens on your property.
Depending on your state they may be able to garnish your wages though they cannot garnish SS payments, etc.

They may be able to take the money in your bank account unless the money in your account comes from exempt sources like SS. If you are being sued you might think about closing your bank account or leaving it open but reducing the amount you have in there to only a few bucks. If you have your pay direct deposited, you might stop that.
Deal in cash and money orders.

If you have been served, you need to file an answer in the time allowed or they will get an automatic default judgment.
You need to check the collecting statute of limitations (SOL) for your state. If you are past SOL you need to include an affirmative defense of SOL in your answer.

You might click on my profile and do some reading in the links provided. You will be able to find links to your states statutes, learn how to answer a summons, etc, in the last link listed.

Answer 2

Unless the plaintiff's claims are bogus, you, homestead your house and file bankruptcy now to avoid the rush or just wait around until they get a judgment against you, then they take your property. With a judgment, they can garnish your wages or bank account and levy on any property not exempt from levy.

Answer 3

if you own a house or a boat...yes. they generally dont do that with a car , except in a lien. what they do is take you to court , find you guilty, put a judgment on your credit report, and then talk about tapping assets to get their money. they can take your house over a few thousand dollars. if you dot own property, that works for you, because unless you pay it , the judgment just sits there on your credit report

Answer 4

The first part of your question should be:
What can "I" do when "I" get served with papers?
Get together with your credit card company, and work out a
payment plan at a lower rate of interest.
The second part of your question is correct.
Haven't you been reading about the foreclosure rates? <}:-})

Answer 5

I seriously doubt it.
Unless the card is "secured" (linked to your bank account at your bank) I don't think they can get money from you in any way.
If you applied for the credit card at your bank, it might be "secured". If it is, they can seize your bank account to pay it.
If it's "unsecured" (a promotion you got through the mail, etc.) they may not be able to get any money at all from you.
Not paying the credit card will mess up your credit rating.