Legal Question in Credit and Debt Law in Texas
credit card debt
I behind on my credit card bills so my question is can they put a lien aganist my house or can they just get a judgement aganist me.what else can they get from me.I know they can take money from my checking account what about accounts holding stocks can they take that too.if they get a judgement will it draw interest.
Asked on 10/05/05, 11:46 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: credit card debt
They can put a lien against your house, but can't force a sale of your homestead. Any accounts, other than retirement accounts, are fair game. The judgment will draw interest at the prime rate on the date of judgment.
Answered on 10/06/05, 9:09 am