what can they take? - unsecured debt + judgements
Fri, 07/28/2006 10:59
Currently I'm a full time student, with ~ 31,000 in CC debt. As far as assets are concerned, I have a home (~65k) and a car (~1k) that I own, w about $500 in home equity.
I have never missed a payment on my home in over 2 years, and there are no leins on my car. My CC history was impeccable until about 5 months ago.
With unsecured debt, what are their options?
I live in Indiana.
Can they take federal student loan $$ if I deposit it into my account?
Can they put leins on my house, car, etc. if they sue for a judgement?