Legal Question in Banking Law in Illinois
if your son has credit card debit and is a co signer on your house loan can the credit cards come after the house
Asked on 9/19/10, 10:15 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
If his name is on the deed, and the credit card companies obtain judgments against your son and then record memoranda of judgment, then these judgments would be liens against the real estate.
Answered on 9/27/10, 6:47 am
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