can a credit card company put a lien on your property if they have charged off the debt?
594441
Companys charge off debt in two instances-\n\n-The account is hopeless, they will just let it sit on your credit report. If the card is canceled, the will also charge off the account to prevent further paper bills from being sent to your house.\n\n-The account has been sent to a collection agency, it is a violation of the FDCPA for a collection agency and the client to be sending you bills at the same time, the charge off is to prevent this. \n\nLeins are attached to an asset (your property) after an entry of default judgment has been entered. You will have been served with a summons and comlaint, then givin up to 45 days (in some states) to file an answer. If you have fialed to file an answer, default judment will be taken upon you and they will attach the lein to the property. That lien will stay in place until the debt is paid. They will continue to renew the judment in order to keep it in place. If you havent been served you need to call the company and find out where the judgment was entered so you can get a copy, if a lein has been entered without a judgment they are in gross violation and you need to contact an lawyer.\n\nSOL- Statute of limitation, is extended after a judgment is filled and can be renewd every term to keep it current. The debt is owing until paid but after the SOL( between 5 & 9 years for most states) is passed limited legal action is permeitted. If a payment is made to an account past the sol it automatically stars over. This is because the "Debtor" is acknowledging that the debt is valid. Also becasue the pmt must be reported to the c/r agency.
954654
If there is a lien on the property you are stuck w it- D
668687
it should be cleared, as well as all attempts to collect it after 7 years of default. you will have to do the leg work as creditors won't do it on their own, so push them and keep pushing them to remove it.
810425
I would check on that Lien before I do anything else.  And, yes, I would be concerned if I were the condo association....but if you show them that you are trying to clear the lien up that would be a good faith try.\n\nGood luck.
1039514
I do a significant amount of debt collection work in California.  There are only two ways for an attorney to put a lien on your fees:  (1) you voluntarily grant the lien, usually in the form of a deed of trust; or (2) the attorney sues you and then files a judgment lien (called can abstract of judgment) against you home.\n\nBefore a California attorney can sue you for unpaid fees, he/she must offer you fee arbitration.  If the attorney sues you, the attorney have have you served with the lawsuit papers and you will have the opportunity to defend yourself.
942437
Speak with an Attorney about this. Sometime some company don't have to abide by the POA, or they choice not too. \nGet an attorney involved, and I'm sure things will flows after that.  I do hope you are sending the company the copy of your POA, not the original!\n\nI think the company concern are who will be the person paying for all this credit card charges. Just to let you know, being given the condition of using her card, you are liable for all these charges.  Even though, your mom's name is on the card.  The company will be going after you for this.  I do hope you are aware of this.
4344
As usual with legal-related questions on Yahoo! Answers, far too little information exists to answer the question adequately.\n\nThe term is "lien."  It is a "legal right or interest that a creditor has in another's property, lasing usu[ally] until a debt or duty that it secures is satisfied - Typically, the creditor does not take possession of the property on which the lien has been obtained."\n\nYou're getting ahead of yourself here, though.  Depending on state law, you'll need to have a formal lender or creditor relationship before you'd be able to attach a lien.  Also, much depends on whether the loan is recourse or non-recourse - was this a debt to the person, or to the property?\n\nRegardless, your first action should be to go to small claims court and file a claim against the debtor.  Contact your local district court in whatever state you're in, and ask them about the maximum ceiling for a small claims action.  Determine from there where you'd be able to bring you case, and then whether you'd need to consult a lawyer.\n\nEDIT: For a debt of $10,000, you need to consult an attorney and explain the situation.  The attorney will advise you how to proceed and what your chances are.
938912
You can contact the creditor and settle the debt for less than what is owed, if the creditor is willing to negotiate with you.\n\nYou can also bring a civil suit against the creditor to demand they remove the debt from your report.  This will avoid the criminal charges against your family member by mearly requiring the creditor to prove the debt is yours in court.  Since it's not, they won't be able to prove it and a court will likely require it removed.  The burden of proof will be on them - not you.\n\nReally, if you get a lawsuit written by a lawyer and mail a copy to the creditor with a cover letter saying you intend on filing it in court, you will likely get them to cave to your demands without doing anything further.  No one likes to go through the expense and headache of a lawsuit over something that is probably a very small dollar amount.
297587
Yes the can.\n\nIf/when a creditor "charges off" a debt, he is taking it off his books.  The loss can be taken off his taxes as a bad debt.  \n\nCollection agencies buy these contracts, and will continue to attempt to collect on them.  The only thing stopping them is the Statute of Limitations.  Depending on the state you live in, (Michigan, for example, is 6 years), they can still sue you.  After that, you no longer have a legal obligation to pay.
848512
At this point Amex probably does not even own your account anymore, as for the charge off it will remain on your credit even if you settle the debt. Once it gets to charge off status you can't do anything about that. As far as paying off in installments the collection agency wants it in one lump sum. Their thinking is if you ca pay 1260 you can pay the whole amount.
198526
A charge off is an amount that is owed to a company, that is not paid. The company charges it off and it reflects on your credit report.
730238
An outside collection agency purchases your debt for a percentage of the total amount.  Once the agency owns it, the original company will list the debt on your credit report as "sold to collection", "referred to collection" or just "sold".  The collection agency's name will now appear on your credit report as the new owner of your debt and the current amount.  \n\nThe agency will want you to pay it in full since they probably bought it for 50% of what you owed, so if they can get you to pay it in full, it's higher profit for them.\n\nThey will call you, write you and request you pay the debt and/or attempt to set up a payment schedule with you.  After a while, they may atempt a settlement with you (which will do more damage in the long run).  \n\nJust pay the debt and get it over with.
463235
maybe if u call the cc co and explain they'll help u dispute the charges, while they're in dispute u don't have to pay that transaction
859551
If it's a dispute, Yes.\n\nIf you've been billed for something you did not buy, you can dispute it.\n\nThen, there's a small procedure to ensure you're right, but then,  you don't need to pay.\n\nHowever, if you don't have any grounds, it's a cognisable offense that you don't pay.\n\nIf you're having financial problems, the Credit Card Companies and your Bankers will be glad to help and I suggest that you take it.\n\nHave a nice day.
321986
If I understand the question, the answer is no.\n\nAre you asking if: you owe money. you offer to settle for less than is owed. if they say no, they have to live with only what you have already paid?\n\nIf so, of course not.\n\nAs long as really really owe the money (or if it has been legally determined that you do) the collection company can settle, or it can do what it can to collect the whole amount from you.  Collection agencies often agree to accept less than they have a right to (say, to forgive interest, or cut the amount a little) because it is cheaper than going through the effort of collecting.  But they don't have to.
1031550
Ordinarily when there is a judgment entered in the court record, that is what is legally binding.  The company will have ensured that if the payment was not in full, then they have the right to charge reasonable interest until it is paid.  The Court would have accepted this and it would be part of the judgment against you.
340876
Yes. I'm assuming the lien is on real estate only. If it is on personal property too, you may have a problem if the govt. finds out.