Posted on: 15th Apr, 2011 10:25 am
willquickclaimprotectmypropertyfromcreditors ihavenomortage but owe credit card whichwant to sue me and what is the homestead law
Hi burltommy,
Welcome to mortgage fit,
Although it is very difficult to comprehend what you have written (due to format) but credit card debt is unsecured debt and even if they sue you,they won't be able to collect any money after selling your property.Even if you loose in the court legal matter,you will have to face the prison for few days but legally they can not encroach your property...
Feel free to ask any further query if you have...
DIPA
Welcome to mortgage fit,
Although it is very difficult to comprehend what you have written (due to format) but credit card debt is unsecured debt and even if they sue you,they won't be able to collect any money after selling your property.Even if you loose in the court legal matter,you will have to face the prison for few days but legally they can not encroach your property...
Feel free to ask any further query if you have...
DIPA