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 drmcdonald
Joined: 09 Jan 2010
Posts: 1
1.32 Dollars($)
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 Posted: Sat Jan 09, 2010 9:30 pm Post subject: I live in Florida and I have a charge back on a credit card. |
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| I have a credit card debt that has went to chargeback. I live in Florida and am NOT on the mortgage for my parent's house, I am on the DEED only. What, if anything, can they do to my parent's mortgage? Can they put a lien on the mortgage? My parents do not know about the chargeback. |
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Niicss
Joined: 03 Oct 2005
Posts: 3237
Location: New Jersey
510.78 Dollars($)
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| Posted: Mon Jan 11, 2010 2:23 am Post subject: |
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A lien is placed on the property and not on the mortgage. As your creditor has charged off the debt, he'll not sue you for it. It is collection agency who will sue you for your debts. As your name is on the property deed, the collection agency can place a lien on it.
_________________
Good is the Enemy of Great. |
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Kelly Plumer
Guest
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| Posted: Mon Jan 11, 2010 8:09 pm Post subject: Regarding the above answer |
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| Thank you for the information . . . a follow up question. If I keep making payments on the charged off credit card will that slow down the process or possibly stop that from happening? |
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smithsussane
Joined: 18 Sep 2008
Posts: 4515
Location: Alaska
440.39 Dollars($)
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| Posted: Mon Jan 11, 2010 11:36 pm Post subject: |
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Hi Kelly!
Welcome to forums!
As your debt has been charged off, you'll have to pay off the dues to the collection agency and not to your creditor. If you want to directly deal with the creditor, you should contact him and ask him to bring back the account from collections. Once he brings back the account from collections, you can then pay off the dues to him.
Feel free to ask if you've further queries.
Sussane |
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