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They cant legally "threaten" to do do anything that they cant legally do, so the answer is YES, they can attach your home.

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Q: Can a loan company place a lien on a cosigner's home?
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If a credit card company has a judgment on you in Tennessee can they take your home if you own it?

no,,,,,,but they can put a lien on it,,,and when you sell your house,,it has to pay the lien amount,,,before you get any money from the house.


What happens to the lien on car when the company no longer exists?

If the company holding a lien on a car ceases to exist, its assets are usually bought up or inherited by another company. A lien is an asset, so the lien continues to exist and you pay the money to the new owner. If the lien is held by one company but the car manufacturer ceases to exist, the lien stays the same.


In SC can a Credit Card Collector place in lien on your house?

CAN CREDIT CARD COMPANIES OR THE AGENCIES THEY SELL YOUR DELIQUENT ACCOUNT TO PUT A LIEN ON YOUR HOME IN SOUTH CAROLINA AND IF SO WHAT ARE THE RULES ?


Can a credit card company put a lien against you?

A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.


How can you get pre approved with a tax lien in your credit report?

There are different types of tax liens (IRS, county, state). I'll assume you have an IRS lien. A lien against your residence will prevent you from refinancing the existing home unless you get the IRS to approve a subordination. This means they agree to allow a mortgage company to take a priority position on the title of the home, in front of the tax lien. If you do not own a home, or are referring to a purchase, and the tax lien is against all your personal property, the lender will likely require that it be paid or otherwise satisfied. Before the credit and housing crash it was difficult to obtain financing with a lien against your property (think about a mortgage company considering loaning on a home that they have reason to know may have a lien placed against it by the IRS once you own it) but now it would be far more difficult with the pull back in underwriting requirements.

Related questions

How do you place a lien on company shares?

How can I place a lien on a non profit corporation who I have a contract with and who owes me money?


How long can a tow company place a lien on your licensr?

A lien can be placed on the vehicle after due process is followed according to the law in which the incident took place.


Can citifinancial place a lien on your home for non payment of a personal loan when they have a your vehicle as collateral?

CitiFinancial will not place a lien on your home if they have your car as collateral. They will place a lein on your car and you risk them having your car repossessed.


Lien against spouse not on title?

Can a collection agency place a lien on a home belonging to a spouse not on title?


Can a debtor place a lien on GI bill home?

Yes.


What the difference between lieu and lien?

lieu means "place" as in "in lieu of" means "in place of" where lien means "hold". A person or company may put a lien on your property for monies owed them. They now have a stake on your assets.


Can a mortgage company release a lien on your home and you own it free and clear?

yes


Can you place a lien on a mobile home?

In BC, Canada you can. -Not sure about US.


Can an employee place a lien on an employers vehicle for back wages if the vehicle is used for work?

Ask a lawyer. You probably have to sue first and if you win then you can place a lien of the company's assets.


During a home refi who is actually responsible for clearing the 1st lien - the escrowtitle company or the trustee?

THE TITLE COMPANY


Can a credit card company lien be removed if you don't pay?

The only way to remove an active lien is to pay it off. You cannot sell or mortgage your home until the lien is paid.


Can sallie Mae place a lien on your home?

If you have a private student loan with Sallie Mae and it goes default and you don't pay it in full, YES they most certainly can place a lien on your house or your cosigners house AND they will. They can garnish pay, checking/savings, they can even place a lien on a professional license, meaning you can't renew it and continue in your field. If you have a cosigner and they die and your loans were in default they can go after anything your cosigner had as well. Sallie Mae is back by the federal gov't. so it's not like skipping out on your Discover Card, unlike most creditors, Sallie Mae can and will continue to follow you until you die and then it will follow your estate if you have anything of value.