Legal Question in Credit and Debt Law in Minnesota
Credit cards
What is the worst that a credit card company can do do to you for not paying an outstanding balance? If they can take you assests then would it not be considered unsecured debt?
Asked on 1/03/08, 10:59 am
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Credit cards
Which assets? They must first get a judgment, then identify and locate NON-exempt assets.call or email for further assistance. I have been doing creditor law for over 25 years.
Answered on 1/03/08, 11:11 am