Liens on property for credit card debt

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desperado
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Subject: Liens on property for credit card debt

Fri Nov 20, 2009 9:59 pm

in CA. can a creditor obtain a judgment for credit card debt and have a lein or force the sale of a second property to satisfy the judgment Twisted Evil

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Justin

Justin

Joined: 17 Jul 2006
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Posts: 1298

28935 Magic Points

Thu Nov 26, 2009 10:22 am

Hi Desperado,

The statute of limitations for oral contracts in California is 2 years. Hence, if the debt is 2 years old, the creditor does not have any right to pursue any legal process against you. If the debt is not past the SOL, then the creditor can put a lien on your property and get it garnished through judgment.
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Justin

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